WILLS & ESTATES
Power of Attorney
A power of attorney appoints a person or persons to step in and make decisions on your behalf in the event you are incapacitated.
A power of attorney relates only to property, including asset and financial management. A power of attorney will ensure that someone is able to make financial decisions on your behalf, in the event you are not able to do so. A power of attorney only takes effect in the event you lose capacity to make decisions on your own.
It is important you appoint someone who you trust and are comfortable with. This person will be capable of making financial decisions on your behalf. We recommend you have discussions with this person to ensure they understand what your financial wishes are. We recommend you appoint two people, to act jointly or severally, in the event one of those appointed is unable or unwilling to act.
We recommend that all individuals enter into a power of attorney to ensure that in the event of an accident or unfortunate event, your loved ones, and those you trust will be able to make appropriate financial decisions on your behalf.