Why Do I Need a Lasting Power of Attorney?
There are a number of reasons why a Lasting Power of Attorney could be useful for you. A Lasting Power of Attorney enables you to make a long term plan about who can deal and make decisions with regards to your Property, Financial Affairs, Health or Welfare should you lose Mental Capacity to make decisions on your own in the future due to an accident or ill health.
By setting up and registering a Lasting Power of Attorney you can be sure that decisions about your Financial Affairs and your Health and Welfare can be taken by one of more people of your choosing should you lose mental capacity in the future to make decisions on your own.
By setting a Lasting Power of Attorney before you lose mental capacity you will save your family from the expensive and drawn out process of applying for a deputy through the courts.
Applying through the Court of Protection is a very expensive and time consuming process so by completing your Lasting Power of Attorney registration form and getting your form registered with the Office of the Public Guardian you making sure the people who you want to make decisions for you in the future are able to do so.
Anyone over the age of 18 can set up their Lasting Power of Attorney, even if you are in good health by setting up a Lasting Power of Attorney you are making sure the people you want to make decisions for you are nominated should you lose Capacity through accident or illness.