Power of Attorney | Springvale
A power of attorney is a legal document giving one person the power to act on the behalf of another individual.
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Understanding Powers of Attorney
There are many instances where it becomes necessary to appoint someone to manage your financial, medical or personal affairs. This may be due to an immediate short-term need, such as an extended overseas trip, or a long-term plan for an aged person.
Powers of attorney give choice and control over many matters. They include:
- Enduring powers
- General non-enduring power
- Supportive attorney
- Medical enduring power of attorney
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Planning a hospital stay or an extended overseas trip? We can help!
Making a Power of Attorney
Anyone over the age of 18 can make a power of attorney, as long as they understand what they are signing. A person with a mild intellectual disability or in the early stages of dementia can still appoint a power of attorney following an assessment of their capacity to do so by a doctor, psychologist or psychiatrist.
Because your attorney will have the power to do anything you could do with your property and money, you should seek legal advice to ensure that who you choose is responsible, suitable and eligible.
Each state and territory has its own laws concerning powers of attorney
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- Criminal law
- Family law
- Commercial law
- Wills and trusts
- Estate planning