11/07/2019 0 Comments
Do I Need An Enduring Power of Attorney? Flanagan & Little
It’s not something people enjoy thinking about, however, it is incredibly important to make plans for both your person and financial affairs if you are at risk of losing mental capacity in the future.
It’s not something people enjoy thinking about, however, it is incredibly important to make plans for both your person and financial affairs if you are at risk of losing mental capacity in the future. An Enduring Power of Attorney refers to a legal document, signed by you, which appoints a specific individual (most often a close family member) to handle your affairs should you lose the mental capacity to make these decisions for yourself.
What Is An Enduring Power of Attorney?
If you were to suffer from an accident or illness which left you mentally incapacitated, an Enduring Power of Attorney would allow someone you trust to handle your affairs, thus reducing the burden on you and/or your family. Without an enduring power, in a case where you becoming mentally incapacitated a Ward of Court will need to be appointed. This process is not preferable, as appointing a Ward of Court can be lengthy and expensive.
We at Flanagan & Little are experienced in helping clients to appoint an Enduring Power of Attorney to ensure their affairs are in order should something happen to them. Contact us today to find out how we can help you appoint an Enduring Power of Attorney.
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