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Difference between revisions of "Common Questions on Powers of Attorney"
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Common Questions on Powers of Attorney (view source)
Revision as of 20:48, 14 January 2016
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There are many reasons people make a power of attorney. One reason is because they are physically unable to look after their affairs due to travel or injury. | There are many reasons people make a power of attorney. One reason is because they are physically unable to look after their affairs due to travel or injury. | ||
{{PLSExamplebox | {{PLSExamplebox | ||
| | | text = Anita is leaving the country to visit her grandchildren. She may be gone for a long time. She wants to give her niece the authority to pay her bills when she is away. Anita makes a power of attorney. | ||
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| | | text = Franz had an accident at work. He is in hospital in a coma. Franz and his wife Helga have a joint bank account so Helga can pay the bills. However, their car is in Franz’ name and the insurance is due. Franz can’t sign. Helga wishes Franz had made an enduring power of attorney so she could use it to renew the insurance. | ||
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| | | text = Prior to travelling outside the country, Anita makes a specific power of attorney so that her niece can deposit Anita’s pension cheques and pay her bills. The niece only has access to Anita’s bank account, and only until Anita comes home from her trip. | ||
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