Lasting Power of Attorney

What's a Power of Attorney?

You can arrange a Power of Attorney whilst you have the mental capacity to decide who you would like to look after your financial affairs in the event that you were unable to through disability or illness. There are two types of Power of Attorney, they are Personal Welfare and Property and Financial Affairs, Personal Welfare would allow for decisions to be made in respect of healthcare arrangements and personal welfare, whilst Property and Financial Affairs will allow for decisions to be made in respect of your money and property.

It is a common misconception that it is only the older generation who needs to effect a Power of Attorney, have you ever wondered who would deal with your affairs in the event that you were involved in a car accident, or you suddenly had a stroke or some form of dementia? The person/s you appoint to be your attorney should be trustworthy, you should believe that they will deal with your interests with your best interests at heart. An attorney's role carries a lot of responsibility and power and this should be borne in mind when thinking about who you would like to choose.

To discuss this in more detail please call 0845 200 2981, or click here to leave your contact details.