Enduring Powers of Attorney

Every adult should not only make and regularly update his or her will, but should also make an Enduring Power of Attorney in relation to both personal care and welfare and property to provide for the future.

This ensures that should you become unable to make decisions for yourself later on, you have the assurance now that someone you trust will take responsibility for making decisions on your behalf. The form of an Enduring Power of Attorney is quite straightforward and is set out in a Schedule to the Protection of Personal and Property Rights Act 1988.

The cost of preparing an Enduring Power of Attorney is relatively inexpensive. It is certainly far cheaper than the cost of having a manager appointed by the Family Court. When there is no Enduring Power of Attorney it may cost thousands of dollars to have such a manager appointed.

The important advantage that an Enduring Power of Attorney has over an ordinary Power of Attorney is that it continues when the person giving the power, "the donor", is no longer competent to make decisions. If the donor, whether as a result of either illness or accident, is no longer competent, an Enduring Power of Attorney will empower someone trusted by the donor to make important decisions for him or her, as attorney.

As the name indicates, an Enduring Power of Attorney for personal care and welfare enables the attorney to make decisions about the donor's care and welfare, examples being whether to take recommended medical treatment or to move into a rest home. However, the donor may limit the powers of the attorney by specifying those limits in the document. Only one individual person may be appointed as attorney for personal care and welfare.

An Enduring Power of Attorney relating to property concerns not only land and buildings but other forms of property, including bank accounts. For property, it is possible to appoint as attorney a trust company and it is also possible to appoint one or more individual people.

All disputes about Enduring Powers of Attorney are heard by the Family Court. For example, if an attorney is unsure what to do, or if it is alleged that the attorney has not acted in the best interests of the donor, an application can be brought for the matter to be determined by the Court.

Ideally, you should see a lawyer on your own when making an Enduring Power of Attorney to ensure that your best interests and your wishes are acted upon.

Call us for advice and assistance - it’s never too early to plan ahead!

 

 

news@bvond

news@bvond Index
We have a regular newsletter which contains topical articles relevant to our clients. ...
Supporting our up-and-coming singers
New Zealand Singing School Trust BvonD is proud to be the honorary solicitors for the New Zealand Singing School Trust.  It is a charitable trust, and runs a biennial singing school...
Wildflower Sculpture Exhibition
BvonD is again supporting the Wildflower Sculpture Exhibition which is run in conjunction with the Hospice Holly Trail, 10 - 14 November 2010.  Organised by Julie Russell, a BvonD client, in 20...
Article by M von Dadelszen published in RM Bulletin
Click the link below to read Mark von Dadelszen's article critiquing the 2009 amendments to the Resource Management Act 1991, published in the March 2010 Lexis Nexis Resource Management Bulletin...
Project K Korporate Event Sponsor for 2010
This year we are proud to be one of the Korporate Event Sponsors for Project K, a fantastic charity helping young people reach their potential right here in Hawke’s Bay.  Project K progra...
BvonD supports Project K's Tour de Vines fun run/walk
BvonD entered three teams into Project K’s Tour de Vines fun run/walk event held around Kemblefield’s vines on 7 March.  We had participants in the 10 km run and 10 km walk, and the...
BvonD celebrates clients' successes at Chamber Awards
Visique Shattky on Russell took out two award categories – Classic Hits Excellence in Retail and Orb Communications Small Business Award.  For the second year in a row BvonD client,...
Bay girls turn blue for the boys
Check out the following link to an article published in Hawke's Bay Today on 26 September: http://www.hawkesbaytoday.co.nz/local/news/bay-girls-turn-blue-for-the-boys/3904631/ Bannis...
© 2010 Bannister and von Dadelszen, New Zealand
Site designed and powered by VKA Advertising