Get a Lasting Power of Attorney in Wolverhampton
Even if you are able to make your own decisions now and are able to budget and ensure bills are paid on time, no one can be sure that you will be able to do so in the future. There are currently over 800,000 people that are living with Alzheimer’s in the UK, plus many others that are forgetful or unable to safely be in control of their own assets and finances. This can leave them open to fraud and spending money that they later forget about. This is why so many people now get a Lasting Power of Attorney in Wolverhampton, so that their loved ones can protect them should they become incapacitated.
When you get a Lasting Power of Attorney in Wolverhampton with The Will Associates it will mean that those closest to you are able to access and safeguard your assets ensuring that they are spent per your wishes. This is something that many people take out as a result of planning for their future. It enables them to have their wishes heard even when they are unable to relay them personally. Those closest to them will be able to make decisions regarding their medications, sleeping arrangements and even socialising. The bills that would have gone unpaid with poor memory can be kept up to date with and con artists who may take advantage can be kept at bay.
In most cases people get a Lasting Power of Attorney in Wolverhampton in case they become ill later in life. Giving someone else the control over money will mean that everything you need is paid for, but any savings and assets can be protected.
If you have a partner that isn’t named on your bank account, you can ensure they can continue to keep up with regular payments for your care or essentials should you become hospitalised even if you are not married. If you don’t get a Lasting Power of Attorney in Wolverhampton, they would be unable to do so without you being present. You can still keep power over your decision making until a point where it becomes clear you are unable to. This means you can still stay in control as long as you possibly can, but protected when you need it most.
If you don’t appoint anyone to speak on your behalf and take over your financial and healthcare decisions you could find that if a care home is needed the government will choose it. What they will also do is take any assets and finances to pay towards the care. It doesn’t automatically come from the NHS as may be assumed. This will stop you from being able to leave money to your loved ones in the event of your death as there will be very little left, if any after funeral costs. You can protect your future and that of your family when you get a Lasting Powers of Attorney in Wolverhampton today.
Contact The Will Associates today by calling 0800 9500 700 to arrange a free, no obligation appointment with one of our highly-trained consultants at a time convenient to you and your loved ones, in the comfort of your own home.