Enduring Power of Attorney
In addition to a Will, a further useful tool in Estate Planning is the Enduring Power of Attorney. Since 1996 it has been possible to put in place a document known as an Enduring Power of Attorney which sets out how a person wishes their assets to be dealt with and by whom if they become mentally incapable (e.g. if you wish for your property to be sold to pay medical or nursing home expenses etc).
You may choose one attorney or more than one. You can choose to give your attorney(s) general power in relation to all your property and affairs or limit their powers as you wish (e.g. take personal care decisions on your behalf and deal with your finances but not to sell your house).
