As a Buffalo Elder Law Attorney, I am often asked what is the power of attorney statutory gift rider.
- The basic power of attorney now authorizes the agent to make gifts of only $500 per year
- If you wish to authorize your agent to make gifts of more than $500, then you need to sign the statutory gift rider
Would you like to use your NY statutory power of attorney gift rider? If so, contact the experienced Buffalo Elder Law Attorney Robert Friedman.