Practice Area Overview:
As we grow older, many of us consider the situation where in the future, we may not be able to manage our own affairs. Our office can assist you in appointing an appropriate person to take care of your investments and other financial matters by preparing what is known as an Enduring Power of Attorney (Financial). You may also wish to consider appointing an appropriate person(s) who can make health decisions for you if you become incapacitated by preparing an Appointment of a Medical Treatment Decision Maker.
Enduring Powers of Attorney (Financial)
An Enduring Power of Attorney (EPA) for financial matters allows you (the Principal) to appoint someone you trust (the Attorney) to make financial and legal decisions on your behalf. While this legal document must be made when you have capacity, the EPA continues to have effect even after you are no longer capable of making financial and legal decisions for yourself.
You can appoint more than one Attorney to act on your behalf and we will discuss your options on deciding how they may exercise this power, whether that be jointly or severally. Our team will also discuss the benefits of appointing an alternative Attorney to provide you with a further level of comfort if your initial Attorney is unable or no longer able to act on your behalf.
Appointment of a Medical Treatment Decision Maker
What were previously known as Enduring Powers of Attorney (Medical) are now referred to as an Appointment of Medical Treatment Decision Maker (AMTDM).
An AMTDM allows you (the Donor) to appoint a person who you trust (the Agent) to make decisions on your behalf about medical treatment if you are unable to make such decision yourself including whether or not you wish to be resuscitated. Unlike an EPA (Financial), this document only comes into effect when you are incapable of making decisions about medical treatment decisions for yourself.
Pace & Associates Lawyers