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 or call us on 01933 588-990

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on email

You may also be interested in...

mental capacity or not

Mental Capacity or Not ?

Mental capacity or not? Mental Capacity Act 2005 The Mental Capacity Act 2005 (MCA) sets out what happens when people are unable to make decisions i.e. when they lack the capacity to make decisions. The MCA came into full force on 1 October 2007 in England & Wales. The MCA is supported by a Code

Read More »
football dementia and me

Football, Dementia and Me Alan Shearer.

I’m confident many of you would have seen Alan Shearer’s documentary ‘Football, Dementia and Me’ on the BBC over the weekend.  Dementia is seemingly rife in ex-retired footballers, so much so that studies are being conducted into the possible link between heading the football and later life dementia. Alan Shearer, who over the course of

Read More »

Leave a comment