The importance of Power of Attorneys
In the fourth part of our Life and Estate Planning series, Donna Mahoney a Senior Manager in our Tax team, discusses the importance of having Power of Attorneys (PoA) as part of planning for your estate once you have passed.
We cover:
- what PoA are,
- what does a PoA do,
- when you should appoint your PoA
- the difference between financial and health PoA, and
- the importance of having an appropriate PoA whom you trust.
In our previous video, we discussed Wills for business owners.
If you have any questions regarding life and estate planning your can contact Heidi or Donna using the form below.
We always recommend that you seek advice from a suitably qualified adviser before taking any action. The information in this article only serves as a guide and no responsibility for loss occasioned by any person acting or refraining from action as a result of this material can be accepted by the authors or the firm.