Lasting Power Of Attorney
The lasting power of attorney (Vorsorgevollmacht) is a precautionary power of attorney. It only comes into force when the authorizing person is no longer capable of making decisions. The power of attorney is therefore a precautionary instrument.
Creating this document the traditional way can be needlessly costly, time-consuming, and complicated – you can do it yourself with our intuitive and fast contract builder.
Made and reviewed by:
Mag. Christian Dax, LL.M. (Bloomington), BA
Offer Plan and Pricing
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This offer plan includes:
Drafting of the Lasting PoA
Signing according to the legal formalities
Registration of the PoA in the Austrian Central Representative Directory
Videocall session
Q&A with your lawyer
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Prepare in time with a valid power of attorney. In principle, any adult person can be the authorized representative. As a rule, however, one authorizes persons with whom the authorizer has a trust-based relationship (e.g. spouse, children, grandchildren, etc.). It is also possible to authorize more than one person.
As the name suggests, a lasting power of attorney is signed as a precautionary power of attorney. Should an emergency occur and no power of attorney for precaution exists, an adult representative (formerly known as a custodian) could be appointed, who can make decisions without consultation.
The areas for which the power of attorney is granted can be determined individually. Typical areas include representation before authorities, residential matters, financial matters, and health matters.
The power of attorney may be revoked at any time by the person granting the power of attorney vis-à-vis the authorized representative.
Using the kontractory contract factory to create your contracts and documents is an easy, cost-effective way of ensuring that your paperwork is set up properly and in full compliance with the law. Select the answers to some simple questions, fill in some options, and click to create – you get a full understanding of the nature of the contract or document in a language you can understand.
Of course, getting your power of attorney paperwork in order is not the only way we can support you. We will also help you by showing you other potential documents or legal services that you may need or answer your questions about any legal issue via video consultation. You also get to take advantage of our fully transparent pricing: we will never charge you more than the price you agreed to or add hidden fees.
What you need to know
FAQs
The grantor of a power of attorney can specify at any time who may act as proxy for them after they lose their capacity to act. A lasting power of attorney is signed as a precautionary power of attorney. Should an emergency occur and no power of attorney for precaution exists, an adult representative (formerly known as a custodian) could be appointed, who can make decisions without consultation.
- Preparation of the individualized power of attorney - Signature appointment before an attorney - Registration in the Austrian Central Directory of Representatives (ÖZVV)
No. However, there are certain legal formalities and requirements that are important to consider.
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