Power of Attorney Explained

power-of-attorney

Power of Attorney is a legal document that appoints a specific person to manage the financial affairs of someone while they are alive. It can also appoint a trustee organisation to do the same thing. This person or organisation is chosen by the person whose business affairs they will administer. They can be a family member, trusted friend or another person such as a Perth family lawyer. You cannot appoint a Power of Attorney unless you are over 18.

Why you may need an attorney

If you are going to be out of the country or really busy doing something else, you will need an Attorney to see to all your business affairs. Or if you want to buy or sell property overseas without having to go there, you can give Power of Attorney to a person you trust who can travel or who already lives there and they can do the deal on your behalf.

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