Your shopping cart is empty
Powers of Attorney paper
Published on 13 Mar 13 by NATIONAL DIVISION, THE TAX INSTITUTE
The use of a power of attorney is often very important in the context of effecting/completing a commercial transaction or in the context of ensuring that a vacuum does not arise over commercial decisions. This paper covers:
- what are the legal requirements?
- who can be the attorney of a power of attorney?
- the difference between irrevocable and revocable powers of attorney and common law powers of attorney and enduring powers of attorney
- duties of an attorney
- the impact of a loss of capacity by the donor
- appointment of attorneys by trustees and companies
- where it is permissible to use a power of attorney inthe context of an SMSF.
Author profile
Susan Fielding
Susan Fielding was admitted to practice in 1970 and practised initially in a wide area of law. Before retirement in 2019 she practised mainly in the area of succession planning, guardianship and administration, probate, administration of estates and trusts and powers of attorney. She is a Life Member of the Law Society of Western Australia having served on its Property Law and Education Committees, the Public Purposes Trust Investment Advisory Committee and the Elder Law and Succession Law Committee and as a representative to the Law Council’s Elder Law and Succession Law Committee. Since 2010 she has edited the College of Law Western Australian Practice Papers on Wills, Probate and Estate Administration. She was the Chair of STEP in Western Australia and as an inaugural committee member of the STEP Mental Capacity Special Interest Group she served on that committee for nine years. In 2022 she was the recipient of a STEP Founder’s Award and in 2023 she was invited to join the Editorial Board for the STEP Journal. She is a regular speaker on a wide range of topics, including capacity, both in Australia and internationally. - Current at 28 May 2024
This was presented at The 28th National Convention .
Get a 20% discount when you buy all the items from this event.
Individual sessions
Taking an SME international
Author(s): Michael SELTH, Robert JAMES, Jeff FUNNELLMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Customs duty
Author(s): Ross THORPEMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Estate planning - How has the dust settled after Kennon vs. Spry?
Author(s): Matthew BURGESS, Tara LuckeMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Tax and infrastructure
Author(s): Craig SAUNDERSMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Trusts - Where are we at with amending trust deeds after Clark?
Author(s): Grahame YoungMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Tax law partnerships - The state of the law in 2013
Author(s): Matthew PawsonMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
International tax hot topics
Author(s): Bob DeutschMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Hot issues in super
Author(s): Sharyn LONGMaterials from this session:
-
insert_drive_file
- insert_chart
- ondemand_video
- shopping_cart Add all items to cart - $168.80
Employment taxation update including living away from home allowances and employment termination payments
Author(s): Sarah BERNHARDT, Suzanne HOLSTEINMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Research and development
Author(s): David GELB, Phil RENSHAW, Edward BAYFORD, Helen GILFIDDERMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Distressed debt transactions
Author(s): Adrian VARASSO, Robert YUNANMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
The Personal Service Income (PSI) regime 10 years on
Author(s): Robert WF SCEALESMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Not-for-profit changes
Author(s): John EMERSONMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Accidently getting caught up in tax fraud is usually not a risk on your radar - What should you be aware of?
Author(s): David WilliamsMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Tax due diligence in M&A
Author(s): Fiona CAHILL, Paul CULIBRKMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Plethora of SME topics
Author(s): Grantley STEVENSMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
GST and going concern exemption
Author(s): Andrew SOMMERMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Facing the dragon in his lair
Author(s): Martin KEATINGMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Employee equity arrangements
Author(s): Ian BURGESS, Peter GlindemannMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Taxation of financial arrangements
Author(s): Tony FROST, Andrew HirstMaterials from this session:
-
insert_drive_file
Corporate tax planning
Author(s): Ernest Chang, Matt BUDGEMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Tax and native title presentation
Author(s): Miranda STEWARTMaterials from this session:
-
insert_drive_file
- insert_chart
- shopping_cart Add all items to cart - $72.00
Australian Taxation Office investigations - Recent issues
Author(s): Michael CLOUGH, Andrew CURRIEMaterials from this session:
-
insert_drive_file
Powers of Attorney
Author(s): Susan FieldingMaterials from this session:
-
insert_drive_file
Tax issues on intergenerational change
Author(s): Peter BOBBINMaterials from this session:
-
insert_chart
Equity, simplicity, certainty and individualised justice – in the one sentence?
Author(s): Michelle GORDONMaterials from this session:
-
insert_drive_file
Part IVA reform
Author(s): AH (Tony) SLATERMaterials from this session:
-
insert_drive_file
Further details about this event:
Copyright Statement