While a Will operates after you have passed away, Powers of Attorney are increasingly important to assist you during your lifetime, should the need arise.
Loss of mental capacity is an issue that is becoming more and more prevalent given the aging population in Australia, and increases in life expectancy. However, mental capacity also can be lost through illness or accidents, which can strike unexpectedly at any age. When this happens, it is important that you have appointed somebody that you trust to make decisions on your behalf.
There are two types of Powers of Attorney:
Aitken Partners can help you to appoint the right people to make decisions on your behalf so that you have peace of mind. We can also provide you with advice on making an Advanced Care Directive, which in Victoria allows you to give binding instructions for your future care and treatment.
If you don’t have powers of attorney in place, the Victorian Civil and Administrative Tribunal (VCAT) is empowered to appoint an administrator and guardian to manage your affairs when you lose capacity.
VCAT also has the ability to remove an attorney or administrator who is breaching their duties, and can order them to pay compensation to the principal’s estate.
Aitken Partners is experienced in making applications to VCAT’s Guardianship List in order to resolve disputes with family members over the care of a loved one.
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