Legal Question in Wills and Trusts in New York
Revocable Trust
Can a revocable trust where the grantor and his spouse are trustees for themselves and each other also allow for another person to have power of attorney on this trust?
Asked on 8/04/06, 10:15 am
1 Answer from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
Re: Revocable Trust
If the language of the document allows for this, you need to have something in writing giving the person POA. Depending who it is (child, attorney, accountant) you might just want to add them as an additional trustee. This is a response to an Internet question and the reply is not to be considered legal advice or to create an attorney-client relationship.
Answered on 8/04/06, 1:07 pm