Marlee Viero

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318 appearances 1 recordings 1 series first heard Jul 2021 last heard Jul 2021

Marlee Viero’s voice in public audio — every appearance, attributed to the second.

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Australian Finance Podcast · Wills & Estates: Your crash course guide from Nest Legal · 26 Jul 2021 podcast

Yeah, totally, totally.

But we would just still do that letter of wishes to make it clear so that child A doesn't come along and think that it was done in a negative light.

Lots of that.

Yeah.

Totally.

So the will is what comes into effect after you've passed away.

And then you can get a range of powers of attorneys that come into effect while you're alive, but you may no longer have capacity to make decisions for yourself.

So in Victoria, the ones that we have is the medical treatment decision maker.

So that's who actually makes medical treatment decisions on your behalf if you can't.

So it could be because you're in an accident or you're elderly or maybe you have dementia or something like that or you're terminally ill.

And then we've got the other document, which is a financial and personal power of attorney.

And that's wrapped up in one document in Victoria.

And that's where we say things like who will make financial decisions like selling property or paying for just your everyday expenses with your money and personal decisions, things like where you live, who you live with, what services you have access to.

So that could be moving into aged care or

meals on wheels coming around to help you out, all of those types of things.

So there's the two documents that we have and collectively we would call that an estate plan.

Well, I think a lot of people say, but I tend to disagree, especially if you're someone that likes to travel a lot.

Imagine getting stuck overseas or something like that, having a power of attorney back home, even if it's just mum and dad who are able to get on the phone and deal with things on your behalf.

You know, it's super important.

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