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General Law Powers of Attorney
Powers of Attorney
A Power of Attorney is a document whereby you appoint someone else to sign documents on your behalf. There is always trust involved in this appointment and you should give careful consideration to who you wish to appoint.
There are two types of Powers – General and Enduring.
A General Power of Attorney will cease when and if you loose your mental facilities. This type of power is usually made when the appointment is for a short period of time, for example, you will be overseas and certain documents need to be attended to in your absence.
An Enduring Power of Attorney is just that – it will endure notwithstanding the fact that the you may loose your mental facilities and will enable the Attorney to continue to conduct business (such as accessing a bank account on your behalf) even though you cannot give informed instructions. Once more, consideration must be given to trust.
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