POWER OF ATTORNEY & GUARDIANSHIP
In New South Wales, a Power of Attorney is used to appoint someone to make financial decisions on your behalf such as selling your house or operating your bank accounts, whereas an Appointment of Enduring Guardians is used to appoint someone to make health and living arrangement decisions.
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When deciding on who to appoint as your Attorney or Guardian, it is important to consider someone who you trust will make the right decisions. You can appoint more than one person if you wish, and you can specify exactly how they make their decisions – jointly or separately. For a Power of Attorney, make sure that the person you appoint has the necessary skills to deal with your finances.
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If you require assistance in appointing an Attorney or Guardian, please do not hesitate to contact us.
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Our Estate Planning Team