HB 11 Passes Both Houses: Power of Attorney Changes on the Way
Written by Jim Worthington on April 14, 2018
Subject to Governor Bevin signing it, Kentucky’s partial adoption of the Uniform Power of Attorney Act will become law. It’s passed both houses of the General Assembly. Among other important changes, it no longer requires that powers of attorney state that they survive a person’s incapacity, adds a two-witness requirement to Powers of Attorney, and sets up a regime for approving powers of attorney before banks and financial institutions have to rely on it.