As we grow older, it is natural to start worrying about how we will manage our affairs, particularly when getting around becomes more difficult or memory issues arise. Increasingly, banks, insurance companies, and service providers are refusing to engage with family members unless they hold a Power of Attorney. This is also becoming more common in the health sector, with doctors, nurses, social services, and care providers frequently insisting that family members have a Health & Welfare Power of Attorney.
A Lasting Power of Attorney allows you to plan ahead and appoint someone you trust to act on your behalf if the need arises, providing long-term security and peace of mind. It grants others the authority to make decisions for you when you no longer wish to or if you are unable to do so due to a lack of mental capacity. This could be caused by an injury, a physical condition, or a disorder affecting your mental faculties.
You have the option to give your Attorney the power to manage your property and financial affairs. This includes handling your bank accounts, paying bills, collecting pensions, and spending money on your behalf, such as buying or selling property. You can also choose to appoint the same person or others to make decisions about your health and welfare through a Health & Welfare Power of Attorney. This enables them to liaise with doctors, nurses, social services, and care providers regarding your medical treatment, living arrangements, and other important matters. Additionally, you can decide whether or not to grant them the authority to make life-sustaining decisions on your behalf.
Our team understands the sensitivity of this process and offers compassionate, practical advice. We are highly experienced and ready to support you and your family through what can be a challenging time.
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