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Powers of Attorney

 

Why are  Powers of Attorney important?

If you are unable to manage your own affairs, a Power of Attorney appoints someone of your choice to do it for you.

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There are two types of Power of Attorney:

Continuing Power of Attorney allows your chosen person to handle your bank accounts, investments, bills & property.

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Welfare Power of Attorney covers decisions about your health and care.

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What happens if you don’t have an Power of Attorney and lose capacity?

If you lose mental capacity without a Power of Attorney it can cost your family thousands to be given permission to handle your affairs.

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Any bank accounts you hold even joint accounts with your partner could become severely restricted.

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You can not renegotiate mortgage terms or manage loan or credit card payments.

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Social Services will make ALL the decisions.

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Your beliefs and religion may not be considered or honoured by healthcare professionals in treatment.

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  • One in four strokes in the UK happen in people under the age of 65 (Stroke Association)

  • An estimated 42,000 people under the age of 65 in the UK have dementia – and nearly 1 million over 65. (Alzheimer’s Society)

  • Accidents can affect anybody at any time, rendering them unable to manage their affairs.

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It is a criminal offence for anyone to manage the affairs of an incapable person without legal authority (through a Power of Attorney).

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