Power of Attorney

Power of Attorney

Bear in mind that the Power of Attorney does not include any medical decision making capabilities for the agent. For such powers, look to establish a Health Care Proxy and Living Will. The Power of Attorney is a document that enables you to designate an agent to make...
LLC’s: Publication Requirement – Foreign LLC’s

LLC’s: Publication Requirement – Foreign LLC’s

New York Limited Liability Company Law § 802 requires that foreign LLCs publish a legal notice of their qualification to do business in the state within 120 days of the filing of the Application of Authority with the New York Department of State (NYDOS). This is often...
Health Care Proxy

Health Care Proxy

This is a document whereby you designate someone to make medical decisions for you if you are unable to do so. Note that the standard form circulated by the New York State Department of Health does not contain a provision allowing your agent access to your medical...
Retirement Plans: Beneficiary Designations

Retirement Plans: Beneficiary Designations

Make sure to designate beneficiaries for your retirement plans, including IRAs, Roth IRAs, 401(k)s, 403(b)s, 457(b)s and the like. Otherwise, the plan will pass to your estate upon your demise. This will produce an unnecessary probate of the plan asset and have...