How Does An Enduring Power Of Attorney Works In NZ?

Enduring powers of attorney are legal documents that you might use in the event that you lose your capacity to decide for yourself. If you have an enduring power of attorney, this gives someone you trust the power to make decisions for you if there is a time of incapacity.

Enduring power of attorney is a type of power of attorney that lasts for a specific period of time, usually for a specified amount of time. The person who grants the power of attorney usually knows the individual being granted the power well and has faith in their ability to make sound decisions. If you want to create your power of attorney and looking for an advisor, then you can visit https://www.trustees.co.nz/private-wealth/family-and-estate-planning/enduring-powers-of-attorney/.

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Anyone can make a power of attorney, as long as they are able to understand the implications and understand the legal process. There is no specific age requirement or relationship requirement, as long as the person making the power of attorney is able to understand what they are doing and their rights and responsibilities with respect to the authority they are granting.

A power of attorney is a document that gives someone the authority to make decisions on your behalf if you are unable to do so yourself. The person who signs the power of attorney agreement is called the “ guardian” and they are usually a family member or close friend who you trust to act in your best interests. 

The person who you want to have authority to make decisions on your behalf is called the “ representative”. You can choose anyone you want as your guardian or representative, but it is important that you choose someone you trust and who will take care of your affairs responsibly.

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