BRISBANE power of attorney LAWYERS

Power of attorney lawyers in brisbane, EPOA Lawyers, Enduring Power of attorneys in Brisbane.

Power of attorney lawyers in brisbane

A Power of Attorney is a separate legal document from your Will. It allows you (the principal) to appoint someone you trust (an attorney or attorneys) to make decisions for you during your lifetime. These decisions can be personal in nature including health matters, which relate to personal or lifestyle decisions such as support services, where and with whom you live and your health care. You can also appoint and attorney or attorneys to make financial decisions that relate to the management of your finances (e.g. paying your bills and taxes, selling or renting your home, using your income to pay for your needs or invest your money).
There are 2 types of power of attorney:
  • A general power of attorney - allows you to appoint someone you trust to make decisions about financial matters for you while you have capacity to make decisions about those matters. You may use a general power of attorney to appoint an attorney for a specific period or event (e.g. if you are going overseas and need someone to sell your house or pay your bills).
  • An enduring power of attorney - allows you to appoint someone you trust to make decisions about personal (including health) matters and/or financial matters for you. An attorney for personal matters (including health matters) can only make decisions for you when you do not have capacity to make those decisions.
The consequences of not having a valid or upto date attorney in place can be overarching because decisions may have to be made in your best interests by persons who you would not otherwise appoint. For example, if there is no immediate relatives to handle your financial or personal affairs or if family members are in dispute as to who should handle your affairs, the public guardian might be appointed to handle your personal/health matters and the public trustee may be appointed to handle your financial affairs which can be significantly costly.
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