We're living longer but are you prepared for what that might look like if you lose your capacity to make decisions for example through a condition such as dementia or an accident? What about if it happens to your loved ones? That's where Power of Attorney comes in. This episode we take a look at what it is, how it works, legally and the best person to choose to make your financial and life decisions. Plus how it can go wrong and what to do to avoid conflict. Don't think this is just an OLD PERSON issue - anything could happen to you at any time. Whoa let's not scare each other but it's good to be informed as no one wants to end up in unnecessary financial strife. Anna Hacker, General Manager - Estate Planning at Australian Unity and Anita Bartfeld, Barrister - Victorian Bar join Gillian to explain.

Links to websites mentioned in the episode: 

Office of the public advocate (OPA) https://www.publicadvocate.vic.gov.au/

Civil and administrative tribunals:
NCAT: https://www.ncat.nsw.gov.au/
VCAT: https://www.vcat.vic.gov.au/
QCAT: https://www.qcat.qld.gov.au/
WA SAT: https://www.sat.justice.wa.gov.au/
TASCAT: https://tascat.tas.gov.au/
SACAT: https://www.sacat.sa.gov.au/
ACAT: https://www.acat.act.gov.au/

We're living longer but are you prepared for what that might look like if you lose your capacity to make decisions for example through a condition such as dementia or an accident? What about if it happens to your loved ones? That's where Power of Attorney comes in. This episode we take a look at what it is, how it works, legally and the best person to choose to make your financial and life decisions. Plus how it can go wrong and what to do to avoid conflict. Don't think this is just an OLD PERSON issue - anything could happen to you at any time. Whoa let's not scare each other but it's good to be informed as no one wants to end up in unnecessary financial strife. <a href="https://www.linkedin.com/in/anna-hacker-tep-21369489/">Anna Hacker</a>, General Manager - Estate Planning at Australian Unity and <a href="https://www.linkedin.com/in/anita-bartfeld-90594824/">Anita Bartfeld</a>, Barrister - Victorian Bar join <a href="https://linktr.ee/GillianHBowen">Gillian</a> to explain.
Links to websites mentioned in the episode: 
Office of the public advocate (OPA) <a href="https://www.publicadvocate.vic.gov.au/" data-auth="NotApplicable" data-linkindex="0">https://www.publicadvocate.vic.gov.au/</a>
Civil and administrative tribunals:
<ul>
<li>NCAT: <a href="https://www.ncat.nsw.gov.au/" data-auth="NotApplicable" data-linkindex="1">https://www.ncat.nsw.gov.au/</a></li>
<li>VCAT: <a href="https://www.vcat.vic.gov.au/" data-auth="NotApplicable" data-linkindex="2">https://www.vcat.vic.gov.au/</a></li>
<li>QCAT: <a href="https://www.qcat.qld.gov.au/" data-auth="NotApplicable" data-linkindex="3">https://www.qcat.qld.gov.au/</a></li>
<li>WA SAT: <a href="https://www.sat.justice.wa.gov.au/" data-auth="NotApplicable" data-linkindex="4">https://www.sat.justice.wa.gov.au/</a></li>
<li>TASCAT: <a href="https://tascat.tas.gov.au/" data-auth="NotApplicable" data-linkindex="5">https://tascat.tas.gov.au/</a></li>
<li>SACAT: <a href="https://www.sacat.sa.gov.au/" data-auth="NotApplicable" data-linkindex="6">https://www.sacat.sa.gov.au/</a></li>
<li>ACAT: <a href="https://www.acat.act.gov.au/" data-auth="NotApplicable" data-linkindex="7">https://www.acat.act.gov.au/</a></li>
</ul>

Hosted and created by Senior Finance Reporter Gillian Bowen, Making Money Easy looks at finance and economic news and, with the help of some prominent economists and experts, breaks it down to what you need to know. The discussions in this podcast do not refer to your individual circumstances and do not give individual financial advice. You should seek your own independent advice, relevant to you, when making financial decisions.

Hosted and created by Senior Finance Reporter Gillian Bowen, Making Money Easy looks at finance and economic news and, with the help of some prominent economists and experts, breaks it down to what you need to know...

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