Why do I need these legal documents?
Why should I have a Power of Attorney?
- Collect your debts
- Vote at meetings
- Operate your bank account
- Pay your bills
- Sell your property or other personal items
- Carry out any other function which can be lawfully delegated
You can appoint more than one person to be your attorney; responsibility does not have to rest with just one person. For those with no immediate family or who do not trust their family, some of our clients find it preferable to appoint a legal representative as power of attorney along with a family member. This acts as a reassuring security measure that your affairs will be conducted in a proper manner. A Power of Attorney can give you choice and control. Without a Power of Attorney, your home, business, or finances can be in a state of uncertainty if you are not available to make decisions. To arrange for a Power of Attorney to be prepared, contact us to arrange an appointment!
Why do I need a Will?
• The Guardianship of your Children is taken care of
• Children from a previous marriage are provided for
• Children with special needs are provided for
• Certain members of immediate family are excluded
• Your preferred funeral arrangements are made clear
• Your charitable objectives are achieved
Your Will should be reviewed on a regular basis to ensure that it complies with your current wishes. Certain events in your life may require you to prepare a new Will such as entering into a new relationship or marriage, separation or divorce. Other events may make it prudent to review your existing Will such as birth or death of children, grandchildren or other close relatives or significant changes to the value of your assets. By making a Will, you will have peace of mind knowing that you have relieved your family of the burden of making decisions at a stressful time. Show your family you care – prepare a Will with Di Lizio & Associates.
Do I need Enduring Power of Guardianship ?
- Where you live or any other arrangements relating to accommodation
- Who can visit you
- What kind of nursing or medical care you receive
- What kind of minor procedures (such as dental care) are carried out
This differs from a Power of Attorney because a Power of Attorney is confined to financial rather than lifestyle matters only. This document is especially useful in circumstances where a person, because of a disability, is totally, or partially incapable of managing him or herself. In the case of losing capacity, everyone needs someone to act on their behalf. If you ever become incapable of making decisions for whatever reason, your life can go on through whoever you appoint. Their power begins when you are unable to make decisions and their decisions have the same legal force as if you had made them yourself. We recommend our clients to have an Enduring Power of Guardianship because it is the only way you can have control over who will make lifestyle decisions on your behalf if you are ever unable to do so yourself. If for whatever reason you decide that the person you have appointed is to no longer act on your behalf, the Enduring Power of Guardianship can be cancelled at any time. To be eligible as a person’s guardian, you must be an adult with no financial interest in the position. An Enduring Power of Guardianship is essentially one way of planning for your own future and is especially important for people that live on their own or who have no immediate family. Contact us to find out more or arrange a consultation