An Enduring Power of Attorney can apply to your assets, legal and financial affairs (not your health and personal care), you may nominate any, or all, of these areas where your enduring attorney can make decisions on your behalf.
Having an Enduring Power of Attorney in place gives you the comfort of knowing that if something does happen to you, someone you trust has the legal authority to make the decisions that need to be made.
A correctly drafted Enduring Power of Attorney gives the person you nominate the authority to make decisions on your behalf at any point in time while you are alive. The Power of Attorney is no longer of use after you die.
You can nominate who can make these decisions, what decisions can be made, what should be considered in making any particular decisions, any limitations to making decisions, and when they can start making decisions on your behalf.
Above all else, an Enduring Power of Attorney means you have someone whom you have appointed to make these decisions in the way that you would want them to be made.
