http://ptwglxp25.internal.publictrust.co.nz
http://ptwglxp25.internal.publictrust.co.nz/life-events/becoming-a-family/enduring-power-of-attorney/why-do-i-need-one
Why do I need one?
With an Enduring Power of Attorney (EPA) you have better control over what happens later on, in the event that you lose the capacity to take care of your personal or financial matters due to accident or illness.
It can save time and money, and unnecessary stress on your family.
Why do I need one(continued)?
Things are not so easy if you don't have an Enduring Power of Attorney (EPA) - your family won't automatically be able to step in, and the Family Court may be left to decide about your property and personal matters.
The Protection of Personal and Property Rights Act 1988 (PPPR) is designed to assist and protect adults who, because of incapacity, are no longer able to make or communicate decisions or manage their own affairs and don't have an EPA in place.
Why do I need one(continued)?
Your family would need to apply to the family court to appoint a property manager and/or welfare guardian under the Protection of Personal Property Rights (PPPR) Act 1988.
Public Trust can prepare and lodge applications to the Family Court for the purpose of being appointed as Property Manager to act on behalf of people who cannot manage their property or financial matters.
For more information on how we can help, contact us on 0800 371 471 and ask to speak to one of our specialist advisors.