It is important that your affairs are still able to be managed and kept under control, even though you may be unable to do this yourself.
You may be unable to sign a document because you are physically absent, in which case a conventional power of attorney will be sufficient to enable the attorney to act on your behalf. Should you be unable to act by reason of mental capacity – whether because of accident, illness or the ageing process – an enduring power of attorney is necessary.
It is essential that you grant your power of attorney before the time comes when you need to rely on it – by that time, it will be too late.
Please see our articles below:
September 2011