Do you have enduring powers of attorney?
Appointing an appropriate attorney now may save you and your family a lot of time, cost and hassle in the future.
There are two types of enduring powers of attorney - those that relate to property – covering bank accounts, shares, real estate – and those that relate to matters of personal care and welfare – covering day to day comfort, care and support, including housing and medical treatment.
What distinguishes an enduring power of attorney from a regular power of attorney is that an enduring power of attorney continues to have effect even if you lose mental capacity. It is better for you to decide now who should have the ability to make important decisions on your behalf in circumstances where you can no longer make those decisions, rather than leaving it to others, including possibly the Court. Put simply, you want to avoid ending up with someone you would not have wanted looking after your affairs.
An enduring power of attorney allows
you to choose a person you trust to make important decisions on your behalf. You can determine what powers your attorney should have, you can specify limits and set conditions as to who the attorney needs to consult with or provide information to in acting as your attorney.
If you already have enduring powers of attorney do they still reflect your wishes and are the attorneys still appropriate?