POWERS OF ATTORNEY
A Power of Attorney is a document signed by you granting power to individuals chosen by you to manage your affairs in the event that you lose mental capacity to do so on your own.
There are three types of Power of Attorney
A Welfare Power of Attorney deals specifically with your day to day care, accommodation and medical needs to name but a few. It is designed to allow your chosen Attorney/s to make decisions in relation to what care best meets your needs in situations where you are no longer capable of making such a decision.
A Financial Power of Attorney deals specifically with the day to day management of your finances, property and any business interests you may have. Again it is designed to allow your chosen Attorney/s to make decisions in relation to how best to manage and maintain your finances and interests in situations where you are no longer capable of doing so on your own.
A Combined Power or Attorney provided welfare and financial powers. This means that in the event that you are no longer capable of making decisions regarding your care, wellbeing, finances or property, your Attorney can manage all of these matters on your behalf without difficulty.
A Power of Attorney is something that people of all ages should consider as incapacity does not necessarily come with old age i.e. if I have a car accident tomorrow and I am in a coma, my Attorney's will be able to make decisions regarding my care, pay my bills and manage my affairs without the battle with the banks, the doctors or the carers.
if you wish to discuss a power or attorney or it is something you would like more information regarding then please call our office on 01236 754571 or alternatively e-mail Mr Wilkie: [email protected]