gerard2006
Member
folks - I'm reviewing the gifts rider within the durable power of attorney for new york state. It seems this is pretty important given if the principal were to be incapacitated, then his spouse can gift all his funds to her and come within the medicaid eligibility for a nursing facility. With that being said, should the successor agent also be given a similar right for gifting in the case both husband & wife were to be in an accident causing incapacitation for both?
Also given this is filed with county clerk, does the NY gifts rider become public record?
Thank you
Also given this is filed with county clerk, does the NY gifts rider become public record?
Thank you
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