There are many reasons why you should consider appointing an independent specialist such as NSW Trustee & Guardian as your attorney.
It is important to choose your attorney carefully as they will be responsible for making legal and financial decisions on your behalf. You need to be able to trust that they do not have conflicts of interest, that they can be impartial and will act in your best interests. You should feel confident that your attorney will competently make any decisions that may need to be made. Being an attorney is a demanding job which requires special skills. Your attorney should have the business and financial skills to manage your affairs properly and be capable of keeping accurate records of all dealings and transactions they undertake on your behalf.
In many instances, particularly with Enduring Powers of Attorney, it is likely that, should a person be called on to act as your attorney, it will not be until some time in the future. Therefore, a friend or relative who is much older may not be appropriate to appoint under an Enduring Power of Attorney as they may not survive you or be able to take on the role when required. NSW Trustee and Guardian, unlike an individual, will always be around to act as your attorney.
Separate financial records and accounts must be kept, and decisions may be required that could create difficulties and lead to family dissent. Having a professional attorney such as NSW Trustee and Guardian can avoid many of these problems. As your attorney, we are independent and are therefore not subject to conflicts of interest which may apply to friends or family members, so we will always be able to act in your best interests.
We have an established track record of over 95 years in the management of financial assets including real estate and business. We have a range of professional staff, including accountants and solicitors, to ensure your financial needs are looked after and your assets professionally managed.
We were established by an Act of Parliament to provide continuity so, unlike appointing an individual as your attorney, we will always be around to manage your financial affairs.