Power of Attorney - Medical Treatment
This is a great thing to have already in place if you have a physically dangerous job, or are planning a trip overseas. This is particularly important if you do not want decisions about your medical care to fall to the default person by law.
Powers of Attorney end upon your death. This is when your Will takes over.
With superannuation being a major part of most people’s wealth, it is usually a surprise to learn that it doesn’t automatically pass according to your Will. The following article is a sadly perfect illustration of this, and why just doing a Will isn’t enough. Planning for superannuation by doing considered Binding Death Benefit Nominations is…Read More