Enduring Power of Attorney
This is a legal document allowing you to appoint a family member, a close friend or a professional, to look after your legal and financial affairs if you become incapacitated and unable to make decisions.
If you don’t have an Enduring Power of Attorney and you become incapacitated, your loved ones will not be able to make decisions on your behalf. They will need to apply to the Guardianship and Administration Tribunal to be appointed as your guardian which can be a stressful and costly process.
Talk to your lawyer about setting up an Enduring Power of Attorney.
Comments