If you are an ex-pat living in New Zealand, we recommend getting a power of attorney. An enduring power of attorney (EPA) is a legal document that allows you to appoint someone to make decisions on your behalf. This can be especially useful if you become incapacitated or are not able to make decisions for yourself. In this article, we will talk about the dos and don'ts of the enduring power of attorney in New Zealand.
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An enduring power of attorney (EPA) allows you to authorize someone else, called the attorney, to make decisions on your behalf in case you are unable to do so. In other words, if you are unable to make any decisions due to an illness or accident, the attorney will be able to do that on your behalf. You can appoint an attorney while you're healthy and can make all your own decisions.
It is possible for the attorney to transfer their authority to someone else if they are not available or willing to help you at the time when it is required. For this purpose, it is best for a durable power of attorney but only under specific circumstances like death or severe injury.
There are some things to keep in mind when creating an EPA. First, you need to choose someone you trust to make decisions on your behalf. This person should be reliable and have your best interests at heart.
You will also need to decide what types of decisions your attorney will be able to make. For example, they may be able to handle your finances, make medical decisions, or both. Make sure you are clear about what powers you are giving them.