Enduring Powers of Attorney

An Enduring Power of Attorney is a document by which you appoint a person or persons (”Attorney”) to act on your behalf, during your lifetime, in relation to your legal and financial affairs (but not your personal or lifestyle decisions).

The Attorney may be given restricted powers (e.g. operating a bank account or purchasing land, under conditions selected by you) or unrestricted powers, to do things on your behalf, simply as a matter of convenience.  The Attorney is legally obliged to act in good faith and in your best interests.

In the event that you become mentally incapacitated and you have not appointed an Attorney, the Public Trustee will probably be appointed to manage your affairs.  Consequently, the Public Trustee may, in effect, become a co-owner of the family home and other family assets.

An Enduring Power of Attorney is a form of “insurance” which can help overcome serious legal and practical problems.

The document can be prepared by Beger & Co simply and inexpensively.  We suggest that you consider the potential benefits of having this document in place, at the same time that you make your Will.

Please Contact us on 8362 6400 or email us should you have any questions or if we may be of assistance to you.