Permitted in New York?
Yes, a POA may be written so as to only become effective at a future date or on the occurrence of a future event or contingency.[1]
Signing Requirements
Must be signed by the principal before a notary public and two witnesses.[2]
“Incapacity” Definition
“Incapacity” means to be without capacity.
“Capacity” means ability to comprehend the nature and consequences
of the act of executing and granting, revoking, amending, or modifying a
power of attorney, any provision in a power of attorney, or the
authority of any person to act as agent under a power of attorney.[3]
of the act of executing and granting, revoking, amending, or modifying a
power of attorney, any provision in a power of attorney, or the
authority of any person to act as agent under a power of attorney.[3]