The Importance of a Lasting Power of Attorney

the importance of a lasting power of attorney

The recent news announced yet another person this time famous actress Barbara Windsor named as suffering from Alzheimer’s disease.

Alzheimer’s is the most common cause of dementia, which is a collective term for symptoms including problems with language and thinking, and commonly memory loss.

If you lose mental capacity you may need a trusted person to pay your bills, mortgage, business bills, etc. Unfortunately regardless of whether they are a wife, husband, son or daughter you do not have the legal rights to access the bank account of the person suffering from capacity loss.

This means unless a Power of Attorney is in place the trusted member must apply to the courts for A deputy appointed by the Court of Protection, this is often a lengthy process and moreover very expensive (with no guarantee that they will be approved!)

Preparing with a power of attorney ensures that you in advance prepare in case you lose capacity in the future with the people you trust therefore reducing any difficulties that may happen in the future.

If you would like more information on completing a Power Of Attorney, please visit our website www.nenelegal.co.uk or call us on 01933 588-990

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