Life can be unpredictable, and it’s important to prepare for unforeseen circumstances.
One legal tool that provides peace of mind in such situations is an Enduring Power of Attorney (EPA). Hayman Lawyers is here to help you understand the importance of having an EPA.
An EPA is a legal document that allows you to appoint someone—known as your attorney—to make decisions on your behalf if you become mentally incapacitated and unable to do so yourself. Here are key reasons why you need an EPA:
- Decision Control: With an EPA, you choose who will make decisions for you, whether they’re personal care and welfare decisions or decisions about your property.
- Financial Protection: If you’re incapacitated, an EPA ensures someone you trust is handling your financial affairs, protecting your assets and your family’s financial security.
- Personal Welfare: An EPA can cover your personal care and welfare, ensuring that decisions about your health and lifestyle align with your preferences and values.
- Avoids Court Intervention: Without an EPA, if you become mentally incapacitated, the court might need to appoint a guardian to manage your affairs. This process can be time-consuming, costly, and the appointed person may not be someone you would have chosen.
- Provides Peace of Mind: An EPA offers reassurance that, should anything happen to you, someone you trust is legally empowered to act in your best interest.
Establishing an EPA is a significant decision, one that requires careful thought and legal expertise. Hayman Lawyers has extensive experience in this area of law. We provide personalised advice, guiding you through the process to ensure your EPA aligns with your specific needs and circumstances.