General Power of Attorney (TAS)
A general power of attorney is a legal document that gives you the ability to nominate one or more individuals to make decisions on your behalf. Customisable and ready to use in under 10 minutes.Get 1st document free
A general power of attorney is a legal document that gives you the ability to nominate one or more individuals to make decisions on your behalf. In this instance, you will be referred to as the ‘principal or ‘donor’ and the person acting for you is the ‘attorney’.
This document specifically gives the attorney the authority to manage your financial decisions. This can include transactions of property, shares and other assets, as well as the operation of your bank accounts, paying bills and making purchases on your behalf. General powers of attorney are often used for a specific purpose and time period. As a result, they are not designed for the purpose of planning your long-term future.
A general power of attorney only operates when you can still make your own decisions, and ends if you have lost the capacity to do so. You should be aware that each state has a different definition of capacity. In addition, it’s also important to remember that a general power of attorney cannot be used to appoint someone to make personal decisions, such as health-related matters, on your behalf.
This document is drafted in accordance with Section 18 of the Powers of Attorney Act 2000 (Tas).
Powers of Attorney in certain jurisdictions need to be prepared using a particular form for certain purposes such as registering documents involving real estate. As a result, this document may not be usable in all circumstances. If your matter is complex in nature it is recommended you seek the advice of a lawyer.
Use this Power of Attorney If:
- You want to free yourself from the burden of handling legal and financial matters
- You’re travelling overseas or unavailable for a period of time and don’t want to deal with these matters while you’re away
- You still have the capacity to make your own decisions
What does this Power of Attorney cover?
- Appointment of attorney(s)
- Authorisation of powers
- Commencement date
- Signature of witness
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