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Power of Attorney Nys Oca  Form

Power of Attorney Nys Oca Form

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[Music] calm [Music] in new york state there are two different types of power of attorney there is both a financial power of attorney and a health care proxy the financial form gives basically what is known as the principal or the power of attorney the right to act financially for the fiduciary the fiduciary would be the person who the principal is acting in favor of uh in terms of the health care proxy the principal would act in in terms of one needing health care decisions made for them to attain a power of attorney generally you would need acknowledgement from the fiduciary you would need them to sign it in front of a notary for a healthcare power of attorney you would need them to have it notarized and witnessed by two witnesses in some instances under healthcare power of attorney or healthcare proxy if the person is incapacitated then a judge can mandate a healthcare proxy but generally for all real estate or financial transactions it's required that the fiduciary accept y

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