Enduring Power of Attorney (Financial) Activation
Taking care of your financial and legal affairs
An Enduring Power of Attorney (Financial) is a legal document that allows you to nominate a trusted friend, relative or organisation to make financial and legal decisions on your behalf.
How does an Enduring Power of Attorney work?
Your Enduring Power of Attorney (Financial) is only activated if you become unable to make financial decisions, or you request help from your Attorney. They will protect and manage all your financial assets, including collecting your income or pension, paying your bills, managing your property and investments and lodge tax returns. Or you can ask them to just look after specific assets.
Choosing an Attorney
The role of Attorney can be very demanding and time-consuming. Many people ask their spouse or a family member to be their Attorney. Relatives might be flattered when you ask but the role can be time-consuming and challenging.
Your Attorney will need to have the relevant financial and legal experience to be able to carry out your wishes.
State Trustees as your Attorney
At State Trustees we can help take the worry out of choosing an Attorney. By acting as your financial Attorney we can help manage your day-to-day affairs when you cannot, or would prefer not to.
As your financial Attorney we aim to protect your interests and preserve your assets. We offer a comprehensive service designed to make your life secure, simple and give you peace of mind.
Collect your income
We collect your income on your behalf, including shares, rental, pensions, entitlements and investments.
We pay your bills
We can pay your accounts, including your accommodation or rental, rates, property maintenance, phone and utilities, medical or hospital charges.
Manage your property
We can maintain your rental properties for you, collecting rent, arranging repairs, maintenance or valuations, inspections and sales.
Tax and financial planning
We can handle all your tax returns, refunds, imputation credits and capital gains. We can also work with you to develop a long-term financial plan.
Legal assistance
We can assist with obtaining legal advice and with various legal matters.
For more information on Enduring Powers of Attorney or to make an appointment
