Enduring Power of Attorney or Enduring Guardianship? Or Both?
ENDURING POWER of ATTORNEY is a legal representative that a person can appoint in advance to manage their assets and financial matters on their behalf.
This role can become part of the caring role if the person you care for is no longer able to make certain decisions for themselves due to impaired capacity.
It does not mean that a person will lose control over their financial affairs, but gives an attorney formal authority to manage a person’s financial affairs according to their instructions.
ENDURING GUARDIAN is someone a person appoints to make lifestyle, health and medical decisions for a time when they become unable to make decisions themselves.
An Enduring Guardian may make decisions such as where you live, what services are provided at home and what medical treatments a person receives.
An Enduring Guardianship does not take effect until a person is no longer able to make lifestyle, health and medical decisions for themselves.
Ideally, every one should appoint both an EPOA and an EG in their later years, while they still have full mental capacity.
If you'd like to talk more about your options - we can help.
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