Elder Law

New York State Power of Attorney Law Change

On December 15, 2020, Governor Cuomo signed a long awaited new law into place resulting in a change to the New York State Power of Attorney (“POA”). The effective date of the law is June 13, 2021 so for approximately the last month, our clients here at MCCM have been signing the new form POA that needs to substantially conform to the new law. It is important to note that all validly and…

Daniel S. Williford

Combating Financial Exploitation Of The Elderly

Financial exploitation of the elderly continues to be one of the fastest growing forms of elder abuse. As population dynamics shift to a higher percentage of U.S. citizens over 65, the trend is…

Diamond Rings, Stamp Collections & Hummels: Estate Considerations for Tangible Personal Property

During an estate or trust administration, financial assets (i.e. bank accounts, brokerage accounts) are easy to divide and distribute in certain percentages based upon a person’s testamentary…

Do I Have the Capacity? Execution and Agency for Powers of Attorney

Execution of a NYS Power of Attorney A Power of Attorney (POA) is a legal document that allows an agent to make financial and legal decisions for another person. Depending upon the different…

Do You Have Digital Assets?

This month, Governor Andrew Cuomo signed into law an amendment to the New York Estates Powers and Trust Law, creating a new section that specifically addresses the administration of digital assets in…