If you were incapacitated or unconscious, who would look after you? Who would make your mortgage repayments, pay your bills, decide on your medical care or even look after your pets or children?
Giving power of attorney to someone can be a difficult but important decision.
For an enduring power of attorney in Queensland, an attorney must be:
- At least 18 years old; and
- Not a paid carer or a health provider for the principal; and
- Not a service provider for residential services where the principal is a resident; and
- If the person would be given power for a financial matter, they cannot be bankrupt or taking advantage of the laws of bankruptcy as a debtor.
We never know when tragedy may strike but if you think about it, it is an unnerving prospect.
Having an up to date and valid Enduring Power of Attorney can provide a means to allow someone you trust, someone you have appointed, to manage your affairs in the event that you can’t.
If you want to ensure that you are protected by someone you would want and look after your day to day dealings to make sure you stay afloat, then contact Gayler De Vere Legal on 4124 7100 or email@example.com to discuss how.