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Estate Planning: Enduring Power of Attorney

• Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner

Do you have a Family Succession Strategy?

If not why not?

An enduring power of attorney can help tremendously with family succession but not if you appoint the wrong person.

The 2016 Victorian Supreme Court case of Ash v Ash [2016] VSC 577 gives an insight into how conflicts of interest can be disastrous if the person you appoint is not completely trustworthy and does not exercise the power when needed.

Click to read.

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