Typically a durable power of attorney can become effective in two ways. First, it can be effective immediately upon execution. Or, second, it can be made effective upon incapacity of the principal. If it is effective immediately, then the agents named in the durable power of attorney can act under any of the powers in more »
After a loved one passes away, the personal representative (fiduciary) on behalf of the estate or trust is responsible for managing the estate and distributing the assets.When the decedent has a valid New York will or trust in place…
Under New York Law, a guardian is a person who has the authority to take care of your minor children if you are unable to as a result of a mental incapacity, illness, disability or you pass away. The legal guardian has the same authority and powers as a parent…
