We are going to prepare your financial Power of Attorney. Congratulations on choosing the best way to do this online.
Financial and Legal Decisions
Medical and Care Decisions
A Financial Power of Attorney appoints somebodyto make financial and legal decisions for you. You choose whether they can make those decisions at any time after signing - or only after you become incapacitated.
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Who to look for
Who to avoid
The most important thing is to choose somebody or a few people who you trust completely.
Advantage of delaying
Reasons to start immediately
You may never have to let anyone else actually take control of your affairs.
If your nomination is not protected then your superannuation may no end up in the hands of people you chose. The risk of disputes increases. It may affect your plans for how your superannuation and other assets are to be shared when you die. And it may increase any tax to be paid.
Changing superannuation funds or taking lump sums out of your superannuation can do the same things. If you choose this option then I will require your Attorneys to see an experienced accountant before doing any either or these things.
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