A Power of Attorney is a document giving another person the power to manage your assets and financial affairs while you are still alive.
The power can be for a fixed period or can be revoked by you at any time, while you are of sound mind.
You can choose to give a person Power of Attorney in various ways. An Enduring Power of Attorney, for example, gives another person authority to act for you at any stage during your lifetime. It can start immediately or be activated later, and will continue to operate even if you lose mental capacity.
A Power of Attorney ceases when you die. Your Legal Will then becomes the document that is used to distribute your assets.
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