(Webcast) New York’s New Power of Attorney: What Every Practitioner Needs to Know

Monday, May 3, 2021 | 12:00 pm – 1:00 pm

Program Co-Instructor:
Britt Burner
Burner Law Group PC

Program Co-Instructor:
David Goldfarb
Of Counsel
Grimaldi & Yeung LLP

  • The presentation will cover the revisions to the Power of Attorney Law – Chapter 323 of the Laws of 2020 (effective June 13, 2021) and the 2021 Chapter Amendment.  On December 15, 2020 NY enacted revisions to its laws government statutory short form powers of attorney. The new law replaces “exact wording” with “substantially conforms to the wording;” eliminates the Statutory Gifts Rider; changes the signing requirement; has changes to construction sections; provides for an acceptance of and reliance time line; and provides for damages and attorney fees when a form is rejected with no reasonable basis.  It will also cover changes to the form, best practices, and suggestions for the modification section to provide for gifting. This CLE will provide the practitioner with information about important changes, and provide you with guidance to help you prepare for these changes prior to the law’s effective date.

    Program Fee:
    $99 for Members | $199 for Nonmembers
    Small Law Firm: $79 for Members

    Members who are Law Students, Recent Law Graduates, Newly Admitted Lawyers (admitted for the first time in any state or country 2019-2021), In-House/Corporate Counsel, Judges, and attorney members who practice within the Government, Academic or Not-for-Profit sectors attend this program for free.

  • 12:00 pm – 12:05 pm
    Overview & History

    12:05 pm – 12:35 pm
    Major Changes

    • Substantially Conforms vs. Exact Wording & Elimination of the Gifts Rider
    • New Signing Requirements and witnessing
    • Changes to Construction Sections of the Law
    • Acceptance and reliance timeline

    12:35 pm – 12:45 pm
    Enforcement, Damages, and Attorney Fees

    12:45 pm – 12:55 pm
    The Form & Suggestions for the Modification Section

    12:55 pm – 1:00 pm

  • New York: 1.0 Professional Practice
    New Jersey: 1.2 General
    California: 1.0 General
    Pennsylvania: 1.0 General
    Connecticut: Available to Licensed Attorneys

  • Sponsoring Association Committees:
    Legal Problems of the Aging, Peter Travitsky, Chair
    Small Law Firms, Anne Wolfson, Chair

    Co-Sponsoring Organization:
    Small Law Firm Center

    Sponsorship Opportunities are Available! Please Contact:
    Angie Avila, Manager, Membership Outreach and Sponsorships | (212) 382-6608 | aavila@nycbar.org