Tailoring Powers of Attorney
Article by Manny Wood published in the Coffs Coast News Of The Area on 4 October 2024. After a recent health scare, Peter decides to talk to a specialist solicitor about putting a Power of Attorney (POA) in place. Peter is advised that a POA allows him to appoint someone (an attorney) to manage his financial affairs. In Australia, a reference to an attorney is not a reference to a lawyer or a solicitor. In fact, an attorney is normally not a lawyer, but a member of one’s family or a friend who is entrusted to manage financial matters. An appropriate attorney may not be the same [...]