If you live in New York State, it’s important to have a financial power of attorney in place. The laws regarding powers of attorney are very complex, and without a valid document in place, your loved ones may not be able to manage your assets if something happens to you.
A power of attorney is a legal document that gives someone else the authority to act on your behalf in various matters. If something happens to you and you can’t make decisions for yourself, your power of attorney will be able to do so.
Specifically, a NY financial power of attorney gives the person appointed your power the authority to make decisions about your finances, including paying monthly bills, managing investments, and even selling real estate properties.
That’s why it’s important to talk with an estate planning lawyer about creating a financial power of attorney for yourself. With this document in place, you can rest assured knowing that your loved ones will be able to take care of your finances in unfortunate circumstances.
For an important document like this, you can rely on our Power of Attorney Mobile Notary Service. Get a professional notary public sent your your home, office, or healthcare facility at a day + time most convenient for you!
How To Do Financial Power of Attorney On Your Own
We understand that not all New Yorkers have the resources or time to get professional help, so we’ll give you an overview of how you can get it done on your own. Unfortunately we cannot guide you on completing the document, but it is very straightforward and can be understood with a full read through (or 2).
There are just 3 steps:
- Download the free PoA form below
- Complete the form based on your needs/uses
- Notarize your PoA to make it valid
EVERY P.O.A NEEDS TO BE NOTARIZED IN NY.
Get an expert notary sent straight to your home or office. Save time and stress when its time to finalize your Power of Attorney!
Request A Mobile Notary
NY Financial Power of Attorney Witness Requirements
A PoA must be signed by the Principal (you) in front of two witnesses. The witnesses must also sign the document.
The witnesses can be any adult over 18 years old who is not related to you by blood or marriage and would not inherit anything from your estate.
Your witnesses cannot be:
- The spouse, sibling, child, parent, or grandparent of the person to whom you are giving power of attorney
- The person to whom you are giving power of attorney (your “agent”), or permissible recipients of gifts thereunder
Free NY Financial Power of Attorney Fillable Form Download
The new NY state PoA form is more user-friendly than ever. The New York State Bar Association (NYSBA) improved the old form and made it effective in 2021, so you may rest confident that it will meet your needs.
Your document is more likely to be accepted if you stick to this official version. Just click below button to download it to your computer or fill it on right there on your phone.
Final Step – Notarize Your Financial Power of Attorney
The principal and agent must have their signatures validated by an authorized notary public before a PoA may be enforced. Our Power of Attorney Mobile Notary Service is the perfect solution for important papers like this.
Get a professional notary public to come to your home, office, or healthcare center at a day + time that is convenient for you!
EVERY P.O.A NEEDS TO BE NOTARIZED IN NY.
Get an expert notary sent straight to your home or office. Save time and stress when its time to finalize your Power of Attorney!
Request A Mobile Notary
This publication is intended as an information source for clients, prospective clients, and colleagues. We are not attorneys and cannot give legal advice, so this content should not be considered as such. Readers should not act upon information in this publication without consulting professional counsel.
