Where there's a Will...
Recently, it’s been highlighted to me how important it is to have a Will and to make sure it is up to date. A Will deals with your property upon your death. Property includes real estate, vehicles, bank accounts, life insurance policies, shares, your Kiwisaver/superannuation account and your ‘stuff’ in general.
Protection of Property Rights Act and mental incapability
What happens when a family member becomes mentally incapable through injury or illness and there is no enduring power of attorney in place?
What if my child is born with an intellectual disability and they are unable to care for themselves and sort their own finances when they are an adult?
You may be able to apply to the Family Court for appointment as a welfare guardian and/or property manager.
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