Power of Attorney and Enduring Power of Attorney: Do you know the difference?

mckayslaw

Unfortunately in the fast paced world we live in, accidents, serious illness, long term physical or brain injuries are all too common. Can you afford to be one of those people who think “it will never happen to me”? A Will operates on your death. An Enduring Power of Attorney operates during your life, where you or your partner are injured or become too ill to make financial and health decisions for yourself or your children.

What is a power of attorney?

By signing a power of attorney you may grant someone (your attorney) the legal power for that person to sign or take some action on your behalf.

Why give someone your power of attorney?

In some circumstances you may be unable to sign documents yourself; you may be overseas and wish to have someone to have power to manage your affairs in your absence; you may be selling…

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