Confused about what a Power of Attorney really
involves?
Unsure of the legality of your
Will?
|
| Q. |
Does everybody need to make
a Will? |
| A. |
Yes. A Will ensures that your
property is distributed in accordance with your wishes. It is a good idea to
have a lawyer draft your Will to make sure the intention in the Will is certain.
If a person dies without a Will, the property of the person is distributed in
accordance with the rules of intestacy. |
| |
| Q. |
If I separate from my
spouse, should I make a new Will? |
| A. |
Yes. Until a divorce is completed
you have the status of a married person. Until a divorce, your estranged
spouse is a major beneficiary of your estate where you do not have a valid Will
indicating that your estranged spouse is not a beneficiary. |
| |
| Q. |
What is a Power of
Attorney? |
| A. |
It is a legal document authorising a
person to act on behalf of another person. It enables the person named as the
Power of Attorney to do anything that the person granting it would be legally
entitled to do. |
| |
| Q. |
Are there different kinds of
Powers of Attorney? |
| A. |
There are 4 main types of Powers of
Attorney. They include:
1. Specific or General Powers of Attorney
2.
Enduring Power of Attorney
3. Enduring Power of Attorney (Medical
Treatment)
4. Enduring Power of Guardianship | |
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