Auckland Enduring Power Of Attorney Lawyers – Do You Need An EPA
People often talk about having an enduring power of attorney but wonder if can be a good idea. An Auckland Enduring Power of Attorney lawyer gives several reasons why you ought to consider having one prepared for you, and your family members.
Key Reasons For Having An Enduring Power of Attorney
Life throws us curve balls. Major things happen when we least expect them or are not prepared to cope with these events. These can be life-changing but not in a good way. For example, if someone has a major accident and becomes paralysed, or an elderly relative starts to lose their mental faculties. In each of these situations, and many more, it is very difficult for a family member to make even simple decisions like turning off the Netflix subscription.
Here are four strong reasons to talk to an Auckland enduring power of attorney lawyer
- Ability to Make Decisions: An enduring power of attorney (EPA) allows you to appoint someone you trust to make important decisions on your behalf if you are unable to do so. This person, known as your agent or attorney-in-fact, can act on your behalf and make decisions about your financial, legal, and healthcare matters.
- Avoiding Court Proceedings: If you become incapacitated or unable to make decisions on your own, your loved ones may have to go to court to obtain a guardianship or conservatorship, which can be expensive and time-consuming. An EPA can help you avoid the need for court intervention, as your agent can step in and make decisions without the need for court approval.
- Business Continuity or Financial Transactions: If you run a business or have significant financial assets, an EPA can ensure that your affairs continue to be managed even if you become incapacitated or unavailable. This can help avoid disruptions to your business or financial affairs.
- Peace of Mind: Having an EPA in place can give you and your loved one’s peace of mind, knowing that someone you trust will be able to make decisions on your behalf if needed.
Overall, a power of attorney can be a valuable tool in ensuring that your affairs are taken care of in the event that you are unable to make decisions on your own. It is important to work with a qualified attorney to ensure that your EPA is tailored to your specific needs and circumstances.
Getting Help From An Auckland Enduring Power of Attorney Lawyer
A lawyer who is experienced in writing enduring powers of attorney will talk you through the implications and benefits of having one written for you. They will have seen many cases where a person did not have this document and the family had to undergo extensive, expensive, and stressful legal proceedings to be able to make decision on behalf of their relative. Usually, the situation is bad anyway, for example, after a major car accident, or the gradual mental decline of a parent but having to deal with lawyers and courts at the same time can become unbearable.
To protect your family from such difficult and painful situations, see an Auckland Enduring Power of Attorney lawyer and have the document professionally written. This will save lots of time, grief, and money should anything go wrong.
McVeagh Fleming in the Auckland CBD can help you with that.
