From colemangreig.com.au: A national survey by the Australian Human Rights Commission revealed that 87% of Australians have not established an Enduring Power of Attorney, posing a risk for elder financial abuse.

An EPOA allows an appointed attorney to manage financial and legal affairs even if the principal loses mental capacity, but it comes with specific responsibilities and limitations.

While granting significant authority, an EPOA does not permit the attorney to make medical decisions, create or alter wills, or act outside of the principal’s expressed wishes and statutory constraints.