I am going overseas. Do I need a Power of Attorney?
March 13, 2008 by Josie Kay · Leave a Comment
Q. I am going overseas and somebody told me that I might need a Power of Attorney. What do you think?
Josie’s answer: There are different types of Powers of Attorney, and in this case, note that I am NOT discussing Enduring or Irrevocable Powers of Attorney.
The main reason they are used is to allow a legally capable individual to share his/her legal rights with another person in circumstances where that individual may not be available to exercise those rights himself/herself.
As you stated you will be going overseas, the tyranny of distance makes it difficult to sign documents.
For example, you might want to give someone an authority to access your bank account whilst you are away.
Obviously you need to be very careful. They should only be given to some who you trust and you must have confidence powers will not be abused. Read more
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