Legal Question in Wills and Trusts in New York
will formal accounting account for every dollars spent by poa by law?
Asked on 9/14/11, 1:50 pm
1 Answer from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
A formal accounting is not required unless POA document compels it, or someone has asked the Court to compel it. An informal accounting is usually all that is required unless someone contests it.
Answered on 9/15/11, 9:25 am
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