Power of Attorney
Power of Attorney
Sydney
Power of Attorney Sydney
Professional and Experienced
With more than 20 years of experience advising client on power of attorney options. Sydney-based law firm AM Legal Compensation lawyers is highly respected, both when talking about the number of yearly cases dealt with and the percentage of all those cases being won.
But that kind of success does not come by, just when you sit idly or do not have strict work ethic principles being put into practice…
Antony Mastrogiannis – Principal & Solicitor at AM Legal Compensation Lawyers. Accredited Specialist in Power of Attorney and Compensation Claims.
No. It must, however, be registered in the General Registry of Deeds before dealings affecting land, such as a Transfer, are signed.
Without the authority of the client, a solicitor is not at liberty to provide the attorney with a copy of the will.
Under s22 of the Powers of Attorney Act. A person who is named as a beneficiary of a specific item which is sold, mortgaged, charged or disposed of by a person as an Attorney has the same interest in any surplus money or other property of the Estate as if no sale, mortgage, charge, disposition or dealing had been made. It is therefore prudent to alert the Attorney if they intend to deal with the principal’s property the subject of a specific gift in the principal’s will.
In NSW the only person entitled as of right to view the will of a living incapable person is the NSW Trustee and Guardian. To avoid problems it is recommended that at the time of making the power of attorney Sydney specific instructions be obtained as to whether or not the solicitor may provide the attorney with a copy of the principal’s latest will.
Power of Attorney Sydney
Finally, for additional information on power of attorney, click the following link: What is a POA? | The NSW Trustee and Guardian
Please telephone Antony should you wish to discuss the above, have further questions or make an appointment about a power of attorney Sydney.
Also, for a limited time receive a 10% discount for Power of Attorney Sydney enquiries for past and present clients.
AM Legal Compensation Lawyers FAQ Directory.
Click on the link above for more information on wills and probate, power of attorney Sydney based lawyers.
Power of Attorney Sydney
Definition: A power of attorney gives person(s) the power to take action as you if you are unable to do so. The power may be limited or assigned to a specific activity, for example: closing a sale of your home, as part of a deceased estate or be general in its request. The power may give temporary /permanent authority to take action for you.
Power of Attorney Sydney
Power of Attorney Sydney Expert and Professional
With over two decades of experience, I have been providing comprehensive guidance on power of attorney options to clients in Sydney. Situated in Sydney, AM Legal Compensation Lawyers has established a reputable track record both in terms of the number of cases it handles annually and its impressive success rate.
However, achieving such a level of success requires more than just complacency; it demands adherence to stringent work ethic standards.
Antony Mastrogiannis, the Principal and Solicitor at AM Legal Compensation Lawyers, is a recognized authority in compensation claims and power of attorney matters in Sydney.
A power of attorney is a legal instrument that empowers an individual (the principal) to designate another person (the attorney) to make decisions on their behalf. The attorney assumes responsibility for managing the principal’s affairs, spanning financial, legal, and personal matters. AM Legal Compensation Lawyers in Sydney extends power of attorney services to individuals seeking assistance in this domain.
Reasons for Needing a Power of Attorney Sydney
There are numerous scenarios in which the services of an attorney might be essential. For instance, an individual might be elderly or facing a condition that hinders their decision-making capabilities. Alternatively, someone might be traveling abroad and require a trustworthy figure to oversee their affairs during their absence. Whatever the rationale, having a power of attorney in place can provide peace of mind and ensure that the principal’s affairs align with their wishes.
Varieties of Power of Attorney
Sydney offers various types of power of attorney, including:
General Power of Attorney: This form grants the attorney wide-ranging authority to manage the principal’s matters, encompassing financial affairs. It proves valuable when the principal is overseas or unable to handle their affairs due to illness or disability.
Enduring Power of Attorney: Similar to a general power of attorney, this type remains effective even if the principal becomes mentally incapacitated.
Medical Power of Attorney: This empowers the attorney to make medical decisions on behalf of the principal in cases of their incapacity due to illness or disability.
Guardianship Power of Attorney: A variation of enduring power of attorney, this type authorizes the attorney to make health and welfare choices for the principal.
Advantages of Establishing a Power of Attorney Sydney
Creating a power of attorney offers numerous benefits, including:
Peace of Mind: Designating an attorney brings solace to both the principal and their loved ones. Knowing there’s someone capable of handling their affairs if they’re unable to do so can alleviate stress.
Asset Protection: An attorney can safeguard the principal’s assets by skillfully managing their affairs.
Access to Professional Advice: Attorneys can access professional advice when making decisions, particularly in intricate financial or legal matters.
Flexibility: Power of attorney arrangements can be tailored to the principal’s needs and circumstances, enabling them to choose a trusted individual with the necessary skills.
How AM Legal Compensation Lawyers Can Assist
AM Legal Compensation Lawyers possesses extensive expertise in drafting and reviewing power of attorney agreements. Their legal team offers comprehensive insights into the various forms of power of attorney, aiding clients in selecting the most suitable option for their situation.
The firm also aids in preparing power of attorney documentation, ensuring alignment with the principal’s preferences and legal requisites. Furthermore, AM Legal Compensation Lawyers provides guidance on ongoing power of attorney management, encompassing the attorney’s obligations to the principal.
In Conclusion
A power of attorney can be a valuable tool for individuals requiring assistance in managing their affairs. It instills peace of mind and ensures affairs are handled according to preferences, whether due to age, disability, or travel. For expert assistance in this field, consulting with a seasoned legal professional is advised. AM Legal Compensation Lawyers can provide expert advice and support throughout the preparation and management of power of attorney documentation.
