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Hopefully, you have already made your will but have you thought what would happen if, during your lifetime, you were unable to deal with your finances?
It might be due to an accident, a period of time in hospital, or, in later life, as a result of suffering from a stroke or dementia.
It is sensible to make a Lasting Power of Attorney by which you appoint a relative or friend with the power to deal with your financial and property affairs.
A Power of Attorney can be used as soon as it is registered at the Office of the Public Guardian.
Your Attorney can pay bills or access savings in accordance with your instructions and, in addition,will continue to have this power, even if you lose capacity. Your Attorney must always act in your best interests.
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