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POWER OF ATTORNEYWhat is a Power of Attorney? Power of Attorney is a document given from one person to another to act on their behalf should they, through illness or long absence (eg. overseas travel), be unable to manage their own affairs. When should I appoint a Power of Attorney? You should appoint a Power of Attorney when you have a Will. If you are planning to be away from home for an extended period of time or you are reaching an age where you may become incapable of handling your own affairs. Who should be my Power of Attorney? Spouses should give each other Power of Attorney in case one becomes seriously ill or incapacitated. As an alternative, an adult member of the family or a close and trusted friend would be acceptable. Why do I use Cutlers The Law Firm? Case Example John and Debbie had prepared Wills and thought they were covered. The Wills said if either died, their assets would revert to the survivor. John suffered a stroke, leaving him on life support, physically and mentally incapacitated. If John had died the Will would have come into effect, however because he was alive Debbie had no access to their joint monies, could not sell the house etc. Debbie had to ask a Government body every time she needed money. How humiliating, time consuming and annoying. IT IS WISE TO MAKE YOUR POWER OF ATTORNEY WHEN YOU MAKE YOUR WILL. IT IS ALSO MORE ECONOMICAL DOING BOTH AT THE SAME TIME. The
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