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What powers can I give through a power of attorney?

A power of attorney is a financial document, so it’s important to choose wisely which powers you’re going to grant to your agent. In New York, the general durable power of attorney you can transfer real estate, stocks, bonds, personal property, handle financial matters and more. Gifting, depending on how much authority you want to grant your agent. This is a very important financial document and we emphasize that the power in power of attorney is a lot to give and we think that it should only be signed upon the advice of counsel.

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