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DIY Power of Attorney kit... Thoughts?

Discussion in 'Legal Issues' started by cal, 2nd Jul, 2015.

  1. cal

    cal Member

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    Hey guys I was wondering if anyone had used one of these DIY Power of attorney kits before or anything similar?

    http://legalwill.com.au/legal-power-attorney/?type=attorney

    I need to give someone power of attorney for a few months whilst I am away and I figure that this is way easier than going to see a solicitor... I trust the person completely which is why I was contemplating going for a DIY kit.

    Cheers!
     
  2. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Could be ok, or it could be disasterous.

    depends on the terms, how it is set up etc. If it is just a short term thing for a specific transaction you may want to make it restrictive. Maybe have a back up attorney too.
     
  3. KateAshmor

    KateAshmor Victorian conveyancing lawyer Business Member

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    Melbourne
    DIY kits are fraught with danger: uncertainly in language, missing important instructions, easy misunderstanding of an attorney's powers, lack of enforceability if not executed properly, etc.

    A power of attorney should only cost about $100-$150 from a lawyer, who will explain everything = a very wise investment.
     
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  4. cal

    cal Member

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    I thought that might be the case, thanks for the comments.

    I will take some time to get this done properly
     
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  5. SonOfTrigger

    SonOfTrigger Well-Known Member

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    If you have an estate worth fighting over you may make two lawyers very rich (Bleak House)