A Power of Attorney is a legal document that gives another person authority to make legally binding decisions on your behalf. There are two forms of Power of Attorney:
A General Power of Attorney is for when you need support for a specific period or event such as dealing with matters while you are holidaying overseas. A General Power of Attorney only remains in force while you are able to make your own decisions.Alternatively, an Enduring Power of Attorney is written to appoint someone to make decisions on personal/health matters and/or financial decisions.
As the name suggests an Enduring Power of Attorney remains in force after you are unable to make your own decisions. Life takes unexpected twists and turns, especially when you least expect it – accident, illness or tragic events may happen at any time. By creating an Enduring Power of Attorney you are safeguarding yourself if something unfortunate, either temporary or permanent, happens to you. You can either put in place a Power of Attorney and determine your future; or leave it to others, who may not know you, to make crucial decisions on your behalf. There are some situations where having an Enduring Power of Attorney in place is essential. As an example: a husband and wife are involved in a car accident where the husband suffers severe head trauma and slips into a coma while the wife suffers less serious injuries. The wife wishes to either refinance or sell their home in order to pay for the medical costs. Without an Enduring Power of Attorney, the wife is unable to do this as they jointly own the house and she is unable to make any decisions on the husband’s behalf. If you are ready to discuss nominating an Attorney, contact us and we will guide you through the process.
We provide legal services to clients all over Queensland as well as interstate. Many of our services, such as conveyancing, will preparation, and estate management can be accessed remotely via phone, email and registered post where required.
Liability limited by a scheme approved under professional standard's legislation.