What is the difference between a will and a power of attorney?

One of the main differences between a will and power of attorney is when they take effect. A will is a legal document that sets out your wishes for what you would like to have happen to your estate when you die, and takes effect after your death.  You can find out more when you visit our State Trustees wills page. 

On the other hand, a power of attorney is a legal document which authorises the person you nominate to act on your behalf and takes effect during your lifetime.