DIY Power of Attorney Kits - PowerPoint PPT Presentation

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DIY Power of Attorney Kits

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A General Power of Attorney is a written authorisation that grants to a person (the “Attorney”) the power to represent or act on behalf of the person granting the power (the “Donor”) with regard to financial and property matters. – PowerPoint PPT presentation

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Title: DIY Power of Attorney Kits


1
DIY Power of Attorney Kits
2
A General Power of Attorney is a written
authorisation that grants to a person (the
Attorney) the power to represent or act on
behalf of the person granting the power (the
Donor) with regard to financial and property
matters.
3
  • A Power of Attorney enables your affairs to be
    managed by a person you nominate when you are
    unable to conduct them personally, such as when
    you are unavailable or travelling overseas.

4
A Power of Attorney can be general or specific in
nature, and can be unlimited, or limited to
specific acts that you require the Attorney to
perform such as
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  • Payment of bills or Collection of debts
  • Managing bank accounts
  • Managing business affairs
  • Signing legal documentation
  • Voting at meetings

6
You can revoke a Power of Attorney at any time
provided that you are competent. It will be
automatically revoked upon your death or divorce
or in a number of other situations.
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It is recommended by financial planners that all
adults should have a General Power of Attorney in
place should you be unavailable or incapacitated
to perform personal business.
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For More Details Visit http//www.quickconveyancin
g.com.au/
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