Enduring Power of Attorney
Life is unpredictable, and there may come a time when you are unable to make decisions for yourself. Establishing a Power of Attorney ensures that someone you trust can act on your behalf, protecting your finances and providing peace of mind for you and your family.
Our Adelaide lawyers will clearly explain your options and prepare legally sound documents for your specific circumstances. Whether you require a general Power of Attorney for a specific purpose or an enduring power of attorney to protect your future, our lawyers are here to guide you every step of the way.
A Power of Attorney is a legal document that allows you to appoint another person, known as your attorney, to make decisions on your behalf. These decisions are usually financial or legal in nature, such as managing bank accounts, paying bills, or handling property transactions.
There are different types of Powers of Attorney. A general Power of Attorney is often used for a set period of time or a specific purpose, such as while you are overseas. An enduring power of attorney remains in effect even if you lose the ability to make decisions for yourself, ensuring that your affairs are managed by someone you trust.
Without a Power of Attorney in place, your family may face significant challenges if you become unable to manage your own affairs. Financial accounts could be frozen, bills left unpaid, and important decisions delayed while legal authority is sought through the courts.
By appointing a Power of Attorney, you ensure that someone you trust is legally empowered to act on your behalf. This assures that your finances and legal matters will be managed smoothly, even in the event of unexpected circumstances.
Our Power of Attorney Services
We make the process of setting up a Power of Attorney clear and straightforward. Our team takes the time to understand your circumstances and prepare documents that provide lasting security for you and your family.
We can assist you with:
- Drafting and preparing both general and enduring power of attorney documents.
- Advising you on who to appoint and what powers they should have.
- Combining your Power of Attorney with a will or other estate planning documents to ensure all aspects of your future are covered.
- Providing guidance and support if you are acting as an attorney and need advice on your responsibilities.
Frequently Asked Questions
What is an Enduring Power of Attorney, and how much does it cost?
An Enduring Power of Attorney allows you to appoint someone you trust to make legal and financial decisions on your behalf if you become unable to do so. The cost is $400.00 plus GST, or just $200.00 plus GST when completed at the same time as your will as part of a package.
What is the difference between a general Power of Attorney and an enduring Power of Attorney?
A general Power of Attorney gives someone authority to make decisions on your behalf for a specific purpose or period of time, such as while you are overseas. An enduring power of attorney, however, continues to operate even if you lose the ability to make decisions for yourself.
Who should I appoint as my attorney?
It is important to appoint someone you trust completely, as they will have authority over your financial and legal matters. Many people choose a spouse, adult child, or close relative. Our lawyers can advise you on the best approach for your circumstances.
What happens if I don’t have a Power of Attorney?
If you lose the capacity to make decisions without having a Power of Attorney in place, your family may need to apply to the South Australian Civil and Administrative Tribunal (SACAT) for authority to manage your affairs. This process can be lengthy and stressful, which is why it is best to plan ahead.
Why choose Mahony’s Lawyers for Power of Attorney matters?
With more than 47 years of experience, Mahony’s Lawyers is trusted across South Australia for providing clear, practical advice and legally sound documents. Our approachable team makes the process simple and ensures your Power of Attorney in Adelaide is prepared correctly the first time.
