An Enduring Power of Attorney is one of the most important legal documents you will ever sign. An Enduring Power of Attorney is a document in which you appoint someone to make legal and financial decisions for you if you are unable to make those decisions yourself. There are various times when an Enduring Power of Attorney may be useful, including loss of mental capacity due to age or trauma event (e.g. car accident, stroke, fall, etc.), extended overseas travel and extended hospital stay due to significant illness or physical injury.
In all of these cases, you could require someone to make decisions and act for you to pay bills and otherwise deal with your finances and property. It’s like insurance! It’s often not needed, but invaluable to have if circumstances require it.
At Wills Direct we know that life is sometimes unpredictable. We therefore believe that everyone over the age of 18 years who has assets such as bank accounts and real estate in their own name should have an Enduring Power of Attorney to ensure that someone you know and trust can quickly and easily deal with your legal and financial affairs if required.
Having an Enduring Power of Attorney in place not only gives you peace of mind, but it also makes life a lot simpler for the person dealing with your financial affairs. There are a number of very important decisions to make when considering an Enduring Power of Attorney. Wills Direct has the knowledge and experience to guide you through that decision making process and to prepare a document that will reflect your specific needs and wishes.
Contact Us to find out more or to arrange an appointment.