A Power (or Powers) of Attorney appoints and authorises a person or trustee organisation to represent and act on behalf of another about financial and legal matters. Issues concerning healthcare, lifestyle and medical decisions are different and are usually handled by the role of Guardian.
Power of Attorney is very important and is often a feature within many financial arrangements such as the purchase of real estate and other high value items. When we accept someone as a new client, we will review all their current liabilities and exposures to Power of Attorney to ensure the health of the estate can be protected and nurtured, particularly in the potential triggering of such clauses.