What is an Enduring Power of Attorney (Financial)?
This is a legal document that appoints another person (or persons) to make financial and legal decisions for you. Unlike a general power of attorney, an Enduring Power of Attorney continues to be valid even if you lose legal capacity in the future. ‘Enduring’ simply means that the power continues even if the person giving it loses the capacity to make decisions. It is useful as a means of ensuring that someone, chosen by you, takes control of your financial and legal affairs if and when you are ever unable to do so yourself. Why give someone Enduring Power of Attorney? There are some circumstances in which you may be unable to make decisions about matters that concern you. For example, you may be overseas, or you may be too ill. If you give some one a general power of attorney, for instance, to sign documents for you in your absence, that power will come to an immediate end if for some reason you lose legal capacity to make decisions. This could be very awkward if your attorney is in t
