Taking care of business (A4) (PDF) - Seniors Information Service

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PeterFifteen years ago Peter was injured in a cotton chipping accident,which left him in a wheelchair. As a result of the accident Peterreceived a large compensation payout. He bought a house andwas advised to invest some of the money so that he was financiallysecure, especially now he could no longer work.Peter has two sons, Jason who lives only a few streets away andAdam who lives interstate.Recently at the age of 60 Peter was diagnosed with cancer. Althoughhe wanted to stay at his home for as long as possible, he realisedthat one day he might need to move to some type of supportedaccommodation and his house and investments might need to be sold.Peter wanted to make sure that if he ever became incapable ofmaking his own financial decisions, they would be in the hands ofsomeone he trusted who could do the work. He told both of his sonsthat he was going to make Jason his enduring power of attorney.Adam was upset at first because he thought his father was favouringJason, but Peter explained that it was easier to give Jason enduringpower of attorney as he lives in the same town. Adam then understoodthe reasoning behind his father’s decision. Peter is now satisfied thathe and his finances will be taken care of properly.Taking Care of Business18
Dealing with CentrelinkIt is possible for a person to nominate an individual to act on their behalf in theirdealings with Centrelink. A Centrelink customer can do this by obtaining an Authorityfor a Nominee form.A customer can nominate the following types of nominee:Person Permitted to Enquire: An individual can contact Centrelink to discuss acustomer’s details and make some updates.Correspondence Nominee: An individual will have any letters and correspondencedirected to them rather than the Centrelink customer.Payment Nominee and Correspondence Nominee: All Centrelink letters andcorrespondence will be directed to the nominated individual rather than the Centrelinkcustomer and payments will also be direct credited to a bank account as directed bythe nominated person.This website link provides information:http://www.centrelink.gov.au/internet/internet.nsf/services/nominee.htmPlanning Ahead in Aboriginal and Torres Strait Islander Communities19
Page 1: Taking Care of BusinessPlanning Ahe
Page 4 and 5: This booklet is part of a kit devel
Page 7 and 8: IntroductionThis booklet provides i
Page 9 and 10: • Participants in the consultatio
Page 11 and 12: Where should I keep my will?You sho
Page 13 and 14: Simon and his familySimon is 32 and
Page 15 and 16: How do I appoint an enduring guardi
Page 17 and 18: LeanneLeanne is 35 years old and ha
Page 19: What else you need to know about po
Page 23 and 24: Legal advice is free and available
Page 25 and 26: Community legal centresAlbury Wodon
Page 27 and 28: Material compiled by: RPR Consultin

Taking care of business (A4) (PDF) - Seniors Information Service

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