Providing expert advice from Law Society Accredited Specialists across
Greater Sydney including: The Hills District, Parramatta & Auburn
Greater Sydney including: The Hills District, Parramatta & Auburn
An enduring power of attorney will allow you to appoint another person to make financial and legal decisions if you become incapacitated and are unable to do so.
An enduring power of attorney is one which continues to operate after the principal has lost mental capacity.
With more people suffering from mental incapacity, through age-related dementia, an enduring power of attorney is vitally important and may only be made whilst you have mental capacity.
By appointing an attorney, there will be someone selected by you. who is legally authorised to do things for you when the need arises. Making an enduring power of attorney is a practical step to prepare for the future. This document does not go stale and may be changed as life's circumstances alter.
Advice from Expert Estate Planning Lawyers
A power of attorney is a document which appoints a person to act in relation to the appointor’s property and financial affairs.
If an attorney is appointed, this does not mean that the individual has given away their own right to make decisions. That individual can continue to make their own financial decisions and deal with their assets. However, if they become unable to do so then their attorney can do so for them.
With more people suffering from mental incapacity (dementia/alzheimer's), through age-related causes, an enduring power of attorney is vital document.
A power of attorney that continues to have effect, despite the grantor’s mental incapacity is an enduring power of attorney. We can ensure that the power only takes effect when the grantor loses mental capacity.
A power of attorney that does not continue to have effect, despite the grantor’s mental incapacity is a non enduring power of attorney.
We recommend an Enduring Power of Attorney.
Expert Advice from our Legal Specialists
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