A Power of Attorney is a legal document where you nominate a person or trustee organisation to manage your assets and financial affairs, in case you’re unable to do so – for example, you may be travelling, or ill, or have had an accident. You still have control of your affairs, and you can revoke your Power of Attorney at any time, provided you have capacity to understand and appreciate the significance of the decisions you are making.
A General Power of Attorney becomes invalid when you die, or you lose the mental capacity to manage your own affairs.
An Enduring Power of Attorney however, will continue to have effect during your lifetime, even if you lose the capacity to self-manage. It also becomes invalid on your death.
If you’d like NSW Trustee & Guardian to make your Power of Attorney document, you can begin the process, online. After you’ve filled out and submitted the online form, they’ll contact you, and you can arrange a time to visit them and finalise the documentation.Get started