An Enduring Power of Attorney is a legal appointment you make that gives another person or organisation the right to act on your behalf. The document clearly sets out the limits of this power, so you can authorise them to do as much or as little as you wish.
By appointing an Enduring Power of Attorney you can choose a responsible person or trusted organisation to handle some or all of your affairs when the need arises. You may appoint more than one Attorney, for example, appointing your spouse, with the provision that if they are unable to act on your behalf, then an organisation such as Tasmanian Perpetual Trustees can act in substitution.
An Enduring Power of Attorney may lie ‘dormant’ for years if need be, but importantly it is there and ready to be used when required. For example, if you were unexpectantly prevented from attending to your financial matters through illness, absence or simply because you prefer not to manage your affairs, imagine the problems that could arise.
Tasmanian Perpetual Trustees has over 120 years experience in acting for Tasmanians under Powers of Attorney. As a Statutory Trustee Company our integrity, trust and professionalism is recognised. Tasmanian Perpetual Trustees has the expertise and experience to ensure that your affairs, from the simple to the most complex, are administered accurately, completely and with full accountability. An experienced Trust Administrator will be appointed to oversee your account. They will build a strong trusting relationship with you, your family and your other professional advisers.
Simply contact our expert Estate Planners or make an appointment to discuss your Enduring Power of Attorney.
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