A Power of Attorney provides peace of mind when you are unable to handle your own affairs

Power of Attorney Lawyers – Adelaide

A Power of Attorney is a legal instrument that grants peace of mind by empowering trusted individuals to manage your legal and financial affairs when circumstances prevent you from doing so.

At Bambrick Legal, our commitment is to assist you in securing your future and safeguarding your assets, particularly in unforeseen circumstances.

What is a Power of Attorney?

A Power of Attorney grants authority to chosen individuals, such as family members or friends, to handle specific legal and financial matters on your behalf.

This includes:

Manage and access your bank accounts, shares and investments
Pay your bills
Manage property (selling or buying), or
Signing most legal documents on your behalf.

It is crucial to note that a general Power of Attorney is valid only when you have the capacity to make decisions.

What is an Enduring Power of Attorney (EPOA)?

Unlike a general Power of Attorney, an EPOA remains valid even if you lose capacity.

This enduring nature makes it a valuable tool for safeguarding your future and protecting your assets when you may need assistance the most.

How a Power of Attorney Works

Once signed, a Power of Attorney becomes immediately valid, granting authority to your appointed individuals.

Their authority to act on your behalf depends on any conditions you specify in the document.

It’s essential to understand the responsibilities and duties that come with being an appointed attorney.

Duties of an Appointed Attorney

Appointed attorneys must keep full and proper records of their actions and act in the best interests of the person they represent.

Trust is paramount in this role and an appointed attorney does not have any entitlement to commission from their duties.

If you appoint more than one person, you can direct your appointed attorneys to make decisions together or separately.

Without an appointed EPOA, an interested party may apply for administration rights over your assets if you lose capacity.

Revoking a Power of Attorney

There are several ways to revoke a Power of Attorney:

Issuing a Revocation (writing to the effect that you revoke it)
At the expiry date (if one is specified within the document)
Loss of capacity
Physical destruction of the document, or
Upon death.

Once accepted, your attorney is not able to renounce or revoke the power given to them without a Court Order.

Updating Your Enduring Power of Attorney

You should consider reviewing your EPOA regularly and changing your EPOA in certain circumstances including if:

You no longer trust a person to whom you gave Power of Attorney
You wish to give Power of Attorney to another person
A person to whom you gave Power of Attorney no longer has ‘capacity’ or has passed away
You wish to change or add restrictions, or
You wish to change how the persons to whom you gave Power of Attorney are required to act (that is, ‘jointly’ or ‘jointly and severally’) if you have two or more people.

Why Choose Our Power of Attorney Lawyers

At Bambrick Legal, we recognise the significance of choosing the right legal representation, especially when it comes to matters of estate planning.

Our Power of Attorney Lawyers are committed to providing exceptional service for several compelling reasons:

1. Client-Centric Approach

We prioritise your peace of mind and aim to safeguard your legal and financial interests.

Our client-centric approach ensures that your needs are at the forefront of our legal strategies, providing you with estate planning that aligns with your unique requirements.

2. Experienced & Compassionate

Bambrick Legal’s Power of Attorney Lawyers bring substantial experience to the table, coupled with genuine compassion.

We understand the sensitive nature of estate planning and our team is dedicated to providing the support and guidance you need during this process.

3. Efficient Resolution

Efficiency is a cornerstone of our legal practice.

We work diligently to resolve Power of Attorney matters in a timely manner, minimising stress and uncertainty for you and the individuals you appoint as attorneys.

4. Clear Communication

Transparent and clear communication is fundamental to our approach.

Our Power of Attorney lawyers keep you informed at every step, providing guidance and answering your questions to ensure you are well-informed throughout the process.

5. Multilingual Support

Communication is key, and we recognise the importance of overcoming language barriers.

Our Power of Attorney lawyers are fluent in English, Mandarin, Cantonese, Spanish, and Italian.

This ensures that language is not a hindrance, allowing you to fully express your unique needs and concerns.

6. Tailored Legal Strategies

Power of Attorney cases can vary widely in complexity.

Our lawyers work closely with you to develop custom legal strategies aligned with your objectives and the specific circumstances of your situation.

We understand the importance of tailoring our approach to meet your unique needs.

7. Comprehensive Services

We draw on years of experience to expertly manage your matters, making sure your best interests are always protected.

8. Cost-Effective Solutions

We acknowledge the financial concerns associated with legal matters.

Our fees are competitive and cost-effective, providing you with certainty in planning your legal journey.

We believe in transparency in pricing, and a complete cost estimate is provided after thoroughly understanding your specific requirements.

Book Your Free Consultation

At Bambrick Legal, we believe in empowering our clients with information and solutions and your first consultation with our team is always free.

This allows you to explore the intricacies of a Power of Attorney, discuss your specific needs, and gain valuable insights into the process.

Book your free consultation today to make informed decisions about safeguarding your legal and financial interests.

Let Our Power of Attorney Lawyers Guide You

Understanding the establishment and implications of estate planning can be complex.

Bambrick Legal’s Power of Attorney lawyers are here to guide you through this process.

We offer a blend of expertise, compassion, and cost-effective solutions to ensure that you make informed decisions about authorising trusted individuals to handle your affairs.

Our dedicated team simplifies the legal processes, providing you with the support you need to protect your interests and secure peace of mind.

Trust us to stand by you, offering valuable advice and practical solutions tailored to your unique situation.