Enduring Power Of Attorney
An Enduring Power of Attorney is a legal document which allows an individual to choose to appoint a specific individual (usually a close family member) to look after both your person and financial affairs in the event that for any reason you lose your mental capacity in the future.
An enduring power of attorney is only valid or effective if you lose your mental capacity at some future point in time. An enduring power of attorney can be an extremely powerful document that significantly bypasses the hurdles and problems your family could face when trying to deal with your affairs should you become incapable.
The main purpose of an enduring power of attorney is to enable somebody of your choosing to have the entitlement to manage your financial and personal affairs for you if you lose your mental capacity at some future date.