Enduring Powers of Attorney
While you are healthy and well, it can be easy to take for granted your ability to make your own decisions. There may come a time when you or a loved one loses the full capacity to make important personal, business or medical decisions independently.
That’s why it is crucial to plan for this possibility by appointing powers of attorney.
Appointing the right power of attorney is an important part of any estate planning process. Everyone has assets worth protecting, whether they are bank accounts, property, shares, or personal items. Beyond that, because of health and medical concerns, you may require a person to make decisions based on your interests, needs and wishes.
A power of attorney is a document that gives another individual or group of people the authority to make decisions on your behalf, once you are incapable of doing so. You might assume power of attorney is only needed for those entering retirement age, or those who own a business. No matter your situation, Bayside Wills & Estates specialises in providing practical advice involving powers of attorney matters, including:
• Financial Enduring powers of attorney
• Medical treatment decision maker appointments
• Supportive powers of attorney
• VCAT matters
• Non-Enduring power of attorney (for a specific purpose)
Contact Bayside Wills and Estates today to help us plan your power of attorney matters and get peace of mind.