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DID YOU KNOW ?
If I Give My Child A Durable Power Of Attorney, Do I Still Need A Will
A durable power of attorney is a powerful and useful document for allowing someone, known as the attorney-in-fact, to handle your estate during your lifetime.
The authority of the attorney-in-fact terminates upon your death, however. Therefore, your child would not be able to use the durable power of attorney as authority to distribute your estate.
Will Other States Honor A Will Drafted In New York
Generally speaking, a will that is validly executed in the state in which it was drafted will be considered valid by other states.
Talk to our New York Wills Trusts Estate Attorneys for these above topic details.
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