Power of Attorney
A lasting power of attorney allows you to choose who you want to make decisions on your behalf should you lose capacity to make such decisions as a result of the likes of dementia or an accident. The power cannot be used by your attorney if you are able to make such decisions for yourself.
The power of attorney can be obtained to cover your Property and Affairs and your Health and Welfare.
The lack of a lasting power of attorney should you lose mental capacity can have serious implications, for example in respect of your welfare such as living arrangements or medical care.
In so far as your property and financial affairs are concerned they are essentially frozen, since no one has been authorised to deal with them.
Often consideration is given to making a Will as we know that dying is a certainty however how many of us consider what will happen should we lose the capacity to make decisions.Tags: lasting power of attorney