A Power of Attorney document is prepared by a person (the Principal) who appoints another person (the Attorney) to deal with their financial affairs if they are no longer able to themselves.
As our population ages it is becoming more and more important to protect the interests of older age groups not just physically, but financially and emotionally.
As we now head into April 2020 in a new era of uncertainty and isolation in the midst of a health pandemic, now more than ever is advance care planning important.
Pets can be an important part of people’s lives and an important member of your family. You may be thinking what would happen to your pets if you pass away before them. How can you make sure your pet is looked after when you pass away?
If you die without a Will you are said to have died ‘intestate.’ This means that instead of your assets being distributed in a way that you have chosen, there is a formula that determines how your assets are to be distributed and in what proportions. This can mean that your family heirlooms, family pets, savings and property may end up in the hands of family members contrary to your wishes.