Did you know powers of attorney cease to operate once your dead?I just have a simple letter in the safe which says "When-I'm -Dead" everything is inside the letter,the Accountants Name,who has the
enduring power of attorney,all accounts equities holdings,deeds everything is inside the letter to make that time as easy as possible ..
And right at the end of the letter is just something to the unknown,if there is something on the other side I will come back and let them know in a way we have already set-up,and I know a few people that have said the same thing,they would come back to say hello,but no one has ever from experience left a note in the bathroom sink yet,maybe i'll be the first one....
Thanks for that Terry,most of the paper work is stored in the safe so that will not be a problem I hope,, all the deeds are still with the bank ,everything else is in last year tax return inside the safe ,,just trying to get my head around the the power of attorney,but I will look into that in the morning,iv'e seen it a few time lately where when one pass away the mess they leave behind,bank accounts are frozen very quickly and some people never even had savings so everyone had to chip in to pay for the burial service..imho..Did you know powers of attorney cease to operate once your dead?
Don't forget to arrange for access to financial and other documents which are stored on a cloud and/or password protected.
Haha you're on fire this thread.They only take visa at the pearly gates, with a .75 % surcharge. Yeah things are tough everywhere lol.
I hear that there are a few pollies down in their luck in NSW so I think we could bequeath some of it to the Obeids, Macdonald, Bazza etcGiven the state of the Qld economy these past few years, there probably wont be anything left for the kids other than a beat up old car and a smelly worn out caravan.