A Power of Attorney is a document that authorises an appointed person (called your attorney) to act on your behalf in relation to financial affairs.
The Power of Attorney continues for as long as you desire and it can be cancelled at any time. It ceases to operate if you lose the ability to make decisions or when you die.
An enduring Power of Attorney gives power to your attorney to continue to act for you, even if you lost the capacity to make your own decisions.
Making an enduring Power of Attorney is a way for you to legally appoint a person of your choosing to manage your financial affairs, in the event that you lose the ability to make these decisions for yourself.
Power of Attorney documents are very powerful documents and come with strict rules of regulation and accountability in their use.
Please contact us if you require further information or advice in this matter.
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