Blog

Why make a Lasting Power of Attorney?

Your Will deals with your estate and your wishes when you die, BUT have you considered what the situation would be come whilst you are still alive if, as a result of an accident or disability, you are unable to deal with your affairs, for example due to the onset of dementia in later life or as a result of a brain injury.

The Lasting Power of Attorney is the most powerful tool that is available to you whilst alive but unable to deal with your own affairs.

The Lasting Power of Attorney allows you to choose the individual you wish, and trust, to deal with your affairs rather than a court appointee should you become mentally or physically unable to make decisions yourself.

A Lasting Power of Attorney must be registered with the Office of the Public Guardian (OPG) before it can be used. Safe guards are also in place to ensure against mis-use.

Facebooktwitterredditpinterestlinkedinmail
Comments for this post are closed.

Are you aware of the …

Do you know that if your Will can’t be found, the law presumes that you must have destroyed it, meaning that your last …

Flexible life/life …

Does your Will include a Flexible Life Interest Trust and will it cater for all of your wishes today? Answer: Only if nothing …

Being too cautious …

Many believe that the coronavirus lockdowns will result in arise in the divorce rates but holding on to your money could …