Expert Power of Attorney Lawyers in Gosford
As experienced power of attorney lawyers on the Central Coast, we know that a Power of Attorney is a crucial legal document used to appoint someone (your attorney) to act on your behalf – that is, to be your decision maker – in property and financial matters.
You can put conditions and limitations on how the Power of Attorney can be used, but generally they are used for such things as:
- signing contracts to buy or selling real estate, shares and other assets for you;
- operating your bank accounts; and
- spending your money on your behalf;
A Power of Attorney might be useful if you are travelling overseas, hospitalised or want some assistance from a trusted person in looking after your affairs. You can also appoint an attorney to make financial decisions for you should the time come when you are no longer able to manage your own affairs.
Our power of attorney lawyers in Gosford can advise you about whether a Power of Attorney is right for you and what terms or conditions might be needed.
NB A Power of Attorney only relates to ‘money’ issues, not issues about your ‘person’. If you want to appoint someone to make decisions for you, if you are unable to do so, about such things as where you live and what sort of medical treatment you receive, you need to appoint an Enduring Guardian (see Enduring Guardianship for more info)
