We can all worry what could happen should we become incapable of managing our affairs or making decisions. Peasegoods provides specialist advice as to preparing a Lasting Power of Attorney.
The good news is that you can prepare a Lasting Power of Attorney to appoint someone you trust to act on your behalf should it be necessary, but importantly your attorney can continue making decisions on your behalf even if you lose mental capacity in the future.
There are two types of Lasting Power of Attorney
- Health and welfare
- Property and financial affairs
You can choose to make one type of Lasting Power of Attorney or both.
Health and Welfare Lasting Power of Attorney
This allows you to choose one person or more to make decisions about things like:
- Medical care
- Moving into a care home
- Refusing life-sustaining treatment
This Lasting Power of Attorney can only be used once someone is unable to make their own decisions.
Property and Financial Affairs Lasting Power of Attorney
This lets you choose one person or more to make decisions about money and property for you like:
- Paying bills
- Collecting benefits
- Selling your home
You can appoint someone to look after your property and financial affairs at any time.
If you would like help with preparing a Power of Attorney then please contact us for a free initial discussion regarding our services and costs.