Enduring Power Of Attorney

Enduring Power Of Attorney

A power of attorney is an important legal document that allows you to appoint another person to manage and make financial decisions on your behalf. 

The power of attorney gives the attorney the authority to manage your legal and financial affairs, including buying and selling real estate, shares and other assets, operating your bank accounts and spending money on your behalf.

Whereas an enduring power of attorney allows you the same as a normal power of attorney except the attorney’s power continues even if for any reason you lose your mental capacity to manage your own affairs. 

An attorney under an enduring power of attorney cannot make decisions about your lifestyle or health. These decisions can only be made by a guardian (whether an enduring guardian appointed by you or a guardian appointed by the Civil and Administrative Tribunal or the Supreme Court).

We recommend you obtain Independent legal advice before appointing an Attorney to act on your behalf.