When most people think about estate planning, they focus on what happens after they die — wills, beneficiaries, and dividing assets.
But what happens if you’re still alive, yet unable to make decisions for yourself?
That’s where an Enduring Power of Attorney (EPOA) becomes essential.
What Is an Enduring Power of Attorney?
An EPOA is a legal document that allows you to appoint someone you trust to manage your financial and legal affairs if you lose mental capacity — due to illness, injury, or conditions like dementia.
In New South Wales, an EPOA covers:
Paying bills and managing bank accounts
Handling investments or super
Managing property and real estate
Interacting with Centrelink, ATO, or running a business
⚠️ Note: This does not include personal or health care decisions. Those require a separate document — the Appointment of Enduring Guardian.
Why Is an EPOA So Important?
1. Protects your interests if you’re incapacitated
Without an EPOA, no one — not even your spouse or children — can automatically act on your behalf.
2. Avoids costly legal delays
Without an EPOA, loved ones must apply to NCAT for decision-making rights. It’s stressful, time-consuming, and expensive.
3. Prevents family conflict
Choosing your attorney now prevents disputes later. It makes your wishes clear and helps everyone stay on the same page.
4. Keeps your finances running smoothly
Whether it’s paying your mortgage or managing investments, your attorney can step in without interruption.
5. It’s not just for the elderly
Accidents and illness can happen at any age. If you own a business, have property, or any financial responsibility — an EPOA matters.
Who Should You Choose?
Pick someone you trust completely. Many people choose:
A spouse or partner
An adult child
A close friend or relative
You can appoint more than one person and decide whether they act jointly or independently. Choose someone financially capable and aligned with your values.
A Will Isn’t Enough
Peace of mind doesn’t come from a will alone. An Enduring Power of Attorney ensures your financial world keeps turning — even if you can’t.
And in NSW, where health decisions are handled separately, it’s an essential part of your estate plan.
Need help getting your EPOA in place?
Our experienced team can walk you through the process and ensure your affairs are protected — no matter what life throws your way.