If you became incapacitated through ill health or an accident, are you confident about what would happen to you?
Did you know that key decisions would not automatically fall to your partner?
You want to trust important decisions about your finances, your health and your wellbeing to somebody who is close to you. That person may be your spouse or next of kin, but equally you may prefer to give that responsibility to somebody else. That’s where a Lasting Power of Attorney comes in.
There are two types of Lasting Powers of Attorney – one that deals with decisions to do with your health and welfare and another that deals with your property and finances.
They are separate, and you don’t have to give powers to the same person for both areas. Equally, you may feel you need help with your finances, but you don’t want to give somebody else the power to make health decisions for you.
When you are fit and healthy, talking about any of these things can seem irrelevant. You don’t want to face the idea that you may need assistance in the future. And we totally get that.
However, sadly, we have seen many families torn apart when disaster strikes, and it is too late to set up the appropriate authority for relatives to take key decisions. It can turn into a lengthy court battle, which inflames an already difficult time.
It is something we would urge you to consider now, when you are in sound mind, and can make calm and rational decisions.
When you are fit and healthy, talking about any of these things can seem irrelevant. You don’t want to face the idea that you may need assistance in the future. And we totally get that.
However, sadly, we have seen many families torn apart when disaster strikes, and it is too late to set up the appropriate authority for relatives to take key decisions. It can turn into a lengthy court battle, which inflames an already difficult time.
It is something we would urge you to consider now, when you are in sound mind, and can make calm and rational decisions.
If you would like to find out more about setting up Lasting Powers of Attorney, why not give us a call on 01344 875 310 and we can arrange a chat.
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