01 Aug Sometimes it is just too late!
Written by Charlie Belperio
Unfortunately, many people wait too long to put into place an effective Will, Enduring Power of Attorney and Advance Care Directive. These documents set out what is to occur upon our death/loss of capacity. Who will have control of our assets? What directions etc do we make?
Without these sorts of documents, in the event of our death, our assets are likely to be distributed in a way that does not reflect our wishes and further, there will be added expense and inconvenience to our loved ones.
Loss of mental capacity without an Enduring Power of Attorney or Advance Care Directive will again expose loved ones to significant emotional and legal issues and is likely to result in Government bodies becoming involved in your affairs.
We often see people who, due to the rapid progression of illness, leave it too late to put these documents into place and no longer have the mental capacity to do so. It is always sad to see the anguish that loved ones find themselves in when this situation arises.
Please make sure that you and your loved ones have a professionally prepared, up to date Will, Enduring Power of Attorney and Advance Care Directive. Don’t let it be too late!
Speak with one of our Wills and estates lawyers today by calling (08) 8212 1322 during business hours.
