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New York policy

A8430: Relates to requiring principals to notify co-trustees and co-beneficiaries of the signing of a power of attorney

NY Assembly · Sponsor Patrick J. Carroll

Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
January 7, 2026

What it requires

Requires principals to make a good faith effort to identify and notify co-trustees and co-beneficiaries of the signing of a power of attorney including the identity of the agent where the agent is not a co-trustee or co-beneficiary.

ny-stateassemblylegislationbill

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