A New York Power of Attorney is a legal document that allows someone, known as the “agent,” to act on behalf of another person, known as the “principal.” The agent can make decisions regarding the principal’s healthcare, finances, or other personal matters, depending on how the form is completed. It is important to consider who you choose as your agent carefully and to ensure that the document is properly executed according to state laws.
Laws & Requirements
Statute: New York statutory short-form power of attorney
Signing Requirements GOB § 5-1501B: Notary public and two witnesses.
By Type
General (Financial) Power of Attorney
Give an agent broad powers to handle your affairs. You can grant the authority to do almost any legal act that you can do.
Signing Requirements: Notary public and two witnesses (GOB § 5-1501B).
Revocation of Power of Attorney
Use to nullify an authority given to an agent by an existing power of attorney.
Signing Requirements: Signed by the principal, however notarization is recommended (§ 5-1511).
Medical Power of Attorney
Describe what medical actions should be taken in the event of a severe illness or incapacitation.
Signing Requirements: Two witnesses. (PBH § 2981(2)).
Durable Power of Attorney
Allow an agent to act on the behalf of the principal when the principal is deemed mentally or physically incapacitated.
Signing Requirements: Notary public and two witnesses (GOB § 5-1501B).
Limited (Special) Power of Attorney
Authorize an agent for limited transactions and circumstances.
Signing Requirements: Notary public and two witnesses (GOB § 5-1501B).
Springing Power of Attorney
Comes in effect at a future time and only when a specific event occurs, such as the incapacitation of the principal.
Signing Requirements: Notary public and two witnesses.
Vehicle Power of Attorney
Appoint another individual to take care of your vehicle registration and titling issues.
Signing Requirements: Notary public.
New York Tax Power of Attorney | Form POA-1
Use a New York State Department of Taxation and Finance Power of Attorney to appoint a state tax representative.
Minor (Child) Power of Attorney
Authorizes temporary authorization to someone else for a minor's wellbeing.
Signing Requirements: Notary public.
Real Estate Power of Attorney
Gives an agent the capacity to handle the principal's real estate transactions.
Signing Requirements: Notary public.
