Powers of Attorney
Managing your affairs when you can’t
Do you care about what happens to your assets when you are no longer able to manage your affairs?
Now is the time to think seriously about appointing someone to make decisions about your welfare, money or property when you are no longer able to make decisions for yourself.
Life is so uncertain and you can lose capacity to make decisions for yourself either because of serious illness or as a result of an accident which renders you unconscious.
With a Power of Attorney, you are able to maintain control over decisions made for you when you lose the capacity to decide for yourself.
You can decide what happens to your assets by preparing a Lasting Power of Attorney when you have capacity.
A Lasting Power of Attorney is a legal document that lets you appoint someone, called the Attorney, to make decisions about your welfare, money or property. When you are unable to make your own decisions, your Attorney will step into your shoes and make decisions for you about your welfare, money or property.
A Lasting Power of Attorney helps you plan in advance:
+ the decisions you want to be made on your behalf if you lose capacity to make them yourself
+ the people you want to make those decisions
+ how you want the people to make those decisions
You have to register your Lasting Power of Attorney to be able to use it.
There are two different types of Lasting Power of Attorney:
+ Health and Welfare Lasting Power of Attorney
+ Property and Financial Affairs Lasting Power of Attorney
A Health and Welfare Lasting Power of Attorney allows you to choose one or more people to make decisions for things such as medical treatment, where you should live and your day to day care.. A Health and Welfare Lasting Power of Attorney can only be used if you lack the ability to make decisions for yourself.
A Property and Financial Affairs Lasting Power of Attorney lets you choose one or more people to make property and financial affairs decisions for you. This could include decisions about paying bills or selling your home. You can appoint someone as an Attorney to look after your property and financial affairs at any time. You can also include a condition that means the Attorney can only make decisions when you lose the ability to do so yourself.
To discuss these further please contact us to arrange an appointment.