WILLS AND POWERS OF ATTORNEY

A will is a document which details what is to happen to your assets upon your death.  A will has special requirements and should therefore be prepared by Currie Lawyers.  If a person dies without leaving a valid will their assets pass to various relatives in accordance with the Administration Act.  This may be unsuitable for the surviving partner therefore it is important to have a will.  For further information on wills please obtain a copy of our article on wills.

A power of attorney is a document authorising another person to deal with your assets or make decisions about your welfare on your behalf.  In New Zealand you can grant enduring powers of attorney. This allows the attorney to manage your assets and your welfare even if you become incapable of doing this yourself.