Who can make a power of attorney?
A power of attorney can be made by anyone over 18 years of age with the capacity to make the appointment. Having capacity means that you understand:
How do I choose an attorney?
An attorney must:
You may also choose to appoint an alternate attorney who can make decisions when your original attorney is unavailable.
Subject to satisfaction of these basic requirements the person you choose to be your attorney is ultimately up to you. In making your decision it may be important to consider:
Formalities
The legal document itself is fairly straightforward and can be prepared by a lawyer.
If you require advice or further information in relation to any of the matters discussed in this article, please contact our Wills, Estates & Succession Planning team on 03 5273 5211.