New York Court of Appeals

In the Matter of the Estate of George J. Ferrara, Salvation Army, Appellant Dominick Ferrara

June 29, 20067 N.Y.3d 244

Summary

The New York Court of Appeals held that a statutory short form power of attorney, even when supplemented with language authorizing unlimited gifts to the attorney-in-fact, still requires the attorney to act in the principal’s best interest; consequently, the self‑gifts made by Dominick Ferrara were not valid and the Appellate Division’s order was reversed and remanded.