Melanie Cotterill Explains the Benefits of Lasting Powers of Attorney
Make sure you have a voice in later life.
In life we are all encouraged to speak our minds and be masters of our own destiny.
When you are young and able, it is often hard to envisage there could come a time in life when you can’t manage things yourself, or voice your own opinions.
Statistically we are now often living longer, so the chances of being able to manage our own financial affairs or welfare for the whole of our lives is diminishing.
Surely you owe it to yourself to consider your future protection and seek advice to ensure that no matter what life throws your way, help is at hand.
Taking the simple step of making Lasting Powers of Attorney to legally appoint your trusted loved ones to manage matters for you if you need them can be priceless.
A Lasting Power of Attorney for Property and Financial Affairs can be used by your Attorneys if you are physically unwell or become mentally incapable to :-
• Run your bank account and investments
• Manage your Pension
• Ensure you receive the appropriate State Benefit Entitlements
• Rent or Sell your Property
A Lasting Power of Attorney for Health and Welfare allows your Attorneys to make decisions if you are unable to articulate your own wishes, with regards to :-
• Care provided in your own home
• If you needed Residential care, where you would be placed
• Medical Treatment
• Life Sustaining Treatment
You are able to specify instructions and guidance within the Lasting Powers of Attorney to ensure that they are bespoke to your needs and wishes.
You can even make a Business Lasting Power of Attorney to ensure that if you become incapacitated, your chosen Attorneys can step in, protect your livelihood, and manage your company until you have recovered or the business is wound up.
For your protection, a Lasting Power of Attorney has to be registered with the Office of the Public Guardian prior to being used by your Attorneys.
Rather like an insurance policy, when the Lasting Powers of Attorney are signed and registered, nothing changes, you carry on managing your affairs as normal unless, or until a time comes that you need to turn to your Attorneys for help.
Whilst you have sufficient mental capacity, you are able to cancel your Lasting Power of Attorney at any time if your circumstances or wishes change.
You have nothing to lose but everything to gain by making an initial free appointment to discuss your circumstances with Melanie Cotterill our Later Life and Estate Planning Expert.
Melanie can see you at our offices or in your own home at a time to suit you.
Call now on 01752 546448 or email us to make an appointment with Melanie http://roperjames.co.uk/contact-us/ for the peace of mind you deserve.