Power of Attorney
Do I need a Power of Attorney?
A Power of Attorney will allow you to specify who you would like to look after your affairs should you become incapable due to mental illness or injury. Such circumstances can often be sudden and unexpected, such as suffering from a major stroke or head injury, as well as more progressive conditions such as dementia.
A Power of Attorney must be put in place whilst you are still mentally fit and able to do so. Your Attorney can be a spouse, adult child, friend, solicitor, accountant etc. You can appoint one or more people to be your Attorney.
A Power of Attorney allows a person(s) of your choice to deal with your financial matters or welfare matters and, indeed, a combination of both if you wish and can only come into force once you are confirmed by a doctor as being incapable to manage your own affairs.
A Power of Attorney can be prepared by us for you quickly at modest expense. Once in place, this gives you certainty and peace of mind and avoids an application having to be made for a Guardianship Appointment to the Court should this be necessary, had you not had a Power of Attorney in place. Having to apply for Guardianship can significantly increase legal expenses which may well come out of your estate. All this can be avoided by making a Power of Attorney which we can undertake for you in a short space of time.
Don’t leave it until it is too late to make a Power of Attorney. Remember you cannot grant a Power once you are incapable – it has to be done when you are fully aware of what you are signing. Speak to us to discuss the making of a Power of Attorney.