A Power of Attorney grants to a nominated person or persons the right to manage your financial affairs. The reasons for for doing this is may be because of age, illness or disability, or simply to shed responsibility.

The role of Attorney is a very responsible role and if you are contemplating accepting such a position or granting someone a Power of Attorney for your financial affairs, it is imperative that you understand the rights, duties and obligations of the position.

Being appointed an Attorney is often thought of as a compliment, a sign that you are highly regarded, so much so that you should be trusted to manage a person's financial affairs for now and for when they are no longer capable of directions.

Many people underestimate the obligations and commitment required to properly fulfil the role of an Attorney. The duties can be varied and range from simple paying bills to arranging income tax returns, or managing an extensive and complex investment portfolio.

Whatever the level of work required, the Attorney is obligated to see that each task is completed with a high degree of accuracy, transparency and in accordance with the accepted fiduciary duty.