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POWER OF ATTORNEY
A Power of Attorney is a
legal document whereby you appoint a person or persons of your
choosing to manage your affairs. You may not only identify who
you would like to take on this role on your behalf, but you may
also identify when and in what circumstances the person you
appoint can act.
For instance, you may appoint
someone to act on your behalf in circumstances where you lose
capacity to act for yourself, or you can ensure the appointment
is effective immediately. You can also nominate for what purpose
you would like the appointed person to act. For example, the
appointment may be very general whereby you appoint someone to
make decisions relating to financial and health related issues.
Alternatively, you may appoint someone for a specific purpose
such as ‘to sell your house’. You may also put a time limit on
the power such as ‘this power terminates on 30 June 2020’.
It is important that every adult, no
matter the age or personal circumstances has a Power of
Attorney. If you do not have a Power of Attorney, and
circumstances arise whereby you are unable to make decisions for
yourself, it is then too late for you to enter into a Power of
Attorney without going through a legal process which can be
costly and inconvenient.
For additional
information on the advantages of having a Power of Attorney and
the costs involved,
please email us or call us
on
07 3286 5711
for an obligation free quote,
and we can provide a more in depth explanation of the service we
provide.
You can also schedule an appointment at our Woolloongabba
office by telephoning Mark McAvoy on 38440188. |
