Powers of Attorney Lawyers Nelson Tasman
For a good overview on Powers of Attorney and the difference between a general POA and an enduring POA, click here.
A little bit of advice…
POAs can be very useful – particularly in the case of an emergency (if you are travelling overseas) or in case you lose your mental capabilities. However, remember that you are giving someone the ability to deal with your property or money so you need to think carefully about the person to whom you plan to give this power to and how much power they are to have. Once you appoint the person as your Attorney, they can act without consulting you and you are bound by the decisions they make on your behalf, so choosing someone you have the upmost confidence in is critical. The person you appoint as your Attorney can be called to account for misusing the power and for acting against your wishes or best interests. However, you will still be bound by any action they have taken that affects third parties.
Enlist the services of one of our Power of Attorney Lawyers. Contact us to book an appointment.
