Family Feud Over Finances
Article by Manny Wood published in the Coffs Coast News Of The Area on 25 July 2025. Alan appoints his three children, Jim, Robert and Mary as his attorneys under a validly executed enduring power of attorney. Alan’s children are appointed “jointly and severally”, so that either one of them can use their power as Alan’s attorney without the consent of the others. Several years later, at 90 years of age, Alan is admitted into a nursing home. Mary’s relationship with her long-term husband breaks down and needing funds to purchase her husband’s share of the matrimonial home, she sells two large parcels of shares in Alan’s [...]