There may come a time in your life when you need someone to make personal, medical or financial decisions for you.
We suggest that everyone have an Enduring Power of Guardianship, and depending on your State or Territory, an Advance Care Directive.
Having such legal documents provides protection and peace of mind, and ensures that decisions can be made that deal with your personal care, lifestyle and medical treatment decisions.
You may also wish to consider an Enduring Power of Attorney to cover your financial concerns/decisions.
The nominated enduring guardian/s, who is usually a close member of your family or someone you know well, (possibly the Executor(s) of your Will?), will be able to step in and make decisions about your care, because you are no longer able to make these decisions yourself.
It is the only way you can have control over who will make lifestyle/medical/financial decisions on your behalf if you are ever unable to do so yourself.
You could lose the capacity to make decisions permanently, such as through dementia or an acquired brain injury from an accident, or temporarily, by becoming unconscious as a result of an illness.
Please also note, that all of the ‘Powers’ outlined above cease to have any legal validity once you have passed away.
Upon your death, your ‘Last Will and Testimony’ becomes the legal document governing your affairs, such as your preferred funeral arrangements, your chosen ‘Executor’ and the distribution of your ‘Estate’ etc.