New Power of Attorney Legislation Effective September 1, 2009
Governor Paterson has signed legislation extending the effective date for the new Power of Attorney statute from March 1, 2009 to September 1, 2009. This provides an additional six months to learn about the significant amendments to GOL 5-1501, which were summarized in a previous posting.
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What is an attorney to do if a client asks for a POA now in June, July or August? Use the old POA form and tell them to come back in September? Execute both old a new form, with the new form to be effective on 9/1/09?