How Brazel Moore Lawyers Can Help
An Enduring Power of Attorney (POA) allows you to appoint someone you trust to manage your financial and legal affairs if you lose capacity.
At Brazel Moore Lawyers, we help individuals and families across Gosford and the Central Coast create clear, legally binding documents that protect their interests and avoid future disputes. Our experienced team can also guide you through related matters like guardianship and estate planning; so you can plan with confidence.
Enduring Power of Attorney Explained
An Attorney named in a Power of Attorney can stand in the Appointor’s shoes and do anything on their behalf that the Appointor could do, including accessing bank accounts, buying and selling property and shares and dealing with superannuation.
An Attorney must act in the best interest of the Appointor and will be liable for misuse of the power entrusted upon them.
An Enduring Power of Attorney continues to operate when the Appointor lacks the mental capacity to make legal and financial decisions.
The appointment can begin immediately, at a nominated time or when a medical practitioner deems that the Appointor needs assistance in managing their affairs.
Attorneys can be appointed “jointly”, which means they must agree on any decision made or “jointly and severally”, meaning that one Attorney can act without the other.
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