Ask Cari: How are “Agents” to my “Power of Attorney” Compensated in New York?

Rincker Law Estate Planning Leave a Comment

Dear Cari,  I have a New York Power of Attorney.  It states that my “Agent” can have reasonable compensation.  What does this mean? Miss C   Miss C – In New York, an agent appointed in a Power of Attorney is entitled to reimbursement for reasonable expenses incurred on the principal’s behalf (you are the “principal”, Miss C). If a …

Share this Article