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Tag: SMSF

Power of Attorney

This month’s Wealth Pipeline is on Power of Attorneys.  A power of attorney (PoA) is a formal document giving another person the authority to make legally binding decisions on your behalf.  There are two types of power of attorney: general power of attorney and enduring power of attorney.  Broadly, an PoA authorises an attorney to do whatever legally and/or financially the donor of the power can do.