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Enduring Power of Attorney - Why do I need one?
Without valid EPOAs in place your family will be prevented from working with your bank(s), financial advisers, service providers and health care providers, amongst others in relation to your property and welfare.
Life, for most of us, is hectic enough as it is. Generally we’re too busy living to think about the consequences of our own ill health or incapacity. But what if you weren’t in a position to make decisions about your own property or care and welfare? Who would do this for you? Your spouse? Family members? Friends? You may be surprised to learn that only a legally appointed ‘attorney’ can make these decisions for you.
Enduring Powers of Attorney (“EPOAs”) are powerful documents that every adult should consider putting in place. In the event you are no longer in a position to make crucial decisions for yourself your nominated, and trusted people, known as your ‘attorneys’ will look after you and make decisions on your behalf, both financially and for your welfare and care.
Without valid EPOAs in place your family will be prevented from working with your bank(s), financial advisers, service providers and health care providers, amongst others in relation to your property and welfare.
Appointing the wrong attorney could be just as costly as not having EPOAs at all. In recent years changes have been made to the way in which EPOAs are implemented, reflecting the need to safeguard those implementing EPOAs from potential misuse and abuse of their attorneys. Careful consideration should be given before putting these documents in place and legal advice must be taken to ensure the validity of an attorney’s appointment.
Enduring Power of Attorney - Why do I need one?
- What is an Enduring Pwer of Attorney?
- Why have an Enduring Power of Attorney?
- Choosing an Attorney.
- Your Attorney's powers and responsibilities.
Presenter: Michelle Carabine Associate Harris Tate
Tauranga Citizens Club. 170 Thirteenth Avenue Tauranga.
Thursday 10th November 2022. 10.30am - 12.00noon
Entry $4 per person.
Numbers are limited, registration is essential. Phone Age Concern Tauranga 07 578 2631
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