Enduring powers of attorney - kcl law

Enduring' means the power continues (endures) even when the principal is unable to make these types of decisions for themselves due to accident or illness. 5 pages
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Level 4, 555 Lonsdale StreetMelbourne VIC 3000T 03 8600 8888 F 03 8600 8899kcllaw.com.auLiability limited by a scheme approved underProfessional Standards Legislation.What is an Enduring Power of Attorney?An Enduring Power of Attorney is a document whichenables a person (the Principal) to appoint anotherperson (the Attorney) to do certain things on behalf ofthe Principal.The Principal may make an Enduring Power of Attorneyfor personal and/or financial matters.‘Enduring’ means the power continues (endures) evenwhen the Principal is unable to make these types ofdecisions for themselves due to accident or illnessresulting in incapacity, either temporary or permanent.If a valid Enduring Power of Attorney is not made,the Principal’s family/person concerned will need toapply to the Guardianship List of the Victorian Civil andAdministrative Tribunal (VCAT) to be appointed as thePrincipal’s financial administrator and/or guardian forhealthcare and lifestyle decisions. In some circumstances,par...