Frequently Asked Questions
1. What is the difference between a Will and an Enduring Power of Attorney?
2. What decisions can an Attorney make on my behalf?
3. Can my Attorney charge for their services?
4. I have already appointed an Attorney, do I also need to appoint a Substitute
Decision Maker and why?
Both a Will and Enduring Power of Attorney are legal documents where one authorises another person to manage their financial affairs.
The main difference between the two is that an Enduring Power of Attorney is used and enforced while the person who gave the authority is still alive but, perhaps due to ill health are no longer able to manage their own financial affairs, whereas, a Will does not come into effect until the person who executed the Will has passed away.