Myth busters - "If I can't make my own decisions then whatever happens is fine"

How to be your own worst enemy in one short sentence…

“If I can’t make my own decisions, then whatever happens is fine.”

Really?

Do you have an opinion about where you live? Who you live with? Who you spend time with? What food you eat? What activities you participate in? What healthcare you do or don’t receive? How your money is spent? Whether your assets are sold? How your assets are invested?

Losing capacity doesn’t mean your thoughts, feelings, preferences, and values suddenly disappear.

It means you may no longer be able to make decisions for yourself.

And someone else may need to make those decisions for you.

Who would you want making those decisions?

An Enduring Power of Attorney allows you to appoint people you know and trust to make decisions for you if you lose capacity.

They may need to make significant decisions about your finances, property, living arrangements, healthcare, and day-to-day life.

Would you care if the person making those decisions had completely different views and values to you?

What if they didn’t know you very well?

What if they had a very different idea about what a good life looks like?

You have an opportunity to have a say in who steps into that role.

Tell them what matters to you

Your Enduring Power of Attorney can also include your views, wishes, and instructions for your attorneys to consider when making decisions for you.

We also recommend talking to your attorneys about your wishes. They need to understand what matters to you before they ever need to make a decision on your behalf.

Your estate plan should cover more than what happens when you die.

It should also protect you while you’re alive.

An Enduring Power of Attorney is included in each of our Will Value Packages.

Ready to get your estate plan sorted? Head to Request a Booking to get started.