Lasting Powers of Attorney - Don't leave it too late
- AuthorDavid Feakins
An article in the newspaper caught my eye. A loving husband has seen his wife deteriorate over the past six years after she was diagnosed with the early onset of Alzheimer’s. Fortunately, this couple had the foresight to register Lasting Powers of Attorney.
Usually, if someone has lost mental capacity (and they haven’t registered Lasting Powers of Attorney) their loved ones will need to apply to the Court of Protection to become a deputy. This can take up to six months which, in some circumstances, can feel like a life time.
This is where the Lasting Powers of Attorney come to the rescue. These documents allow you to name someone of your choice to look after your affairs and this person is called an Attorney. By preparing and registering a Lasting Power of Attorney you are preparing for the future.
There are two types of Lasting Powers of Attorney – Property & Financial Affairs which essentially allows someone to manage your affairs on a day to day basis and Health & Welfare which allows someone to take control of your healthcare, deciding on issues such as your diet and the medical treatments you may need and where you should live.
I was surprised to learn that there are currently 850,000 people in the UK living with dementia and the Alzheimer’s Society state that one in three over-65’s will develop dementia. Let’s be honest, none of us want to discuss the possibility of losing mental capacity. It’s a scary thought to think that we may not be able to cope on our own at some point in our lives – but that’s where we can help.
The Wills Trusts and Probate Team can take you through the process of preparing and registering a Lasting Power of Attorney step-by-step so that, if you do lose mental capacity, your loved ones can look after your affairs from day one and don’t have the headache of going through the Court of Protection.