Why Everyone should have a Lasting Power of Attorney in Manchester

Why Everyone Should Get A Lasting Power Of Attorney In Manchester
If you reside in Manchester, it is important to your family’s well-being to arrange to have “Lasting Power of Attorney” registered should something happen to cause you to lose mental capacity. Having a Lasting Power Of Attorney in place before something happens will ensure your family’s well-being. Life can change dramatically and in some cases instantaneously. Illness and injuries give no preference to the young over the old, and preference are not shown to anyone.
When something happens that leads to an inability to deal with finances, to make decisions for your estate or being able to gain access to accounts, it can cause undue stress and fractures even within the closest of families. There is a solution which will prevent this type of situation, ensuring that you have assigned someone you trust with a Lasting Power Of Attorney!
If Power of Attorney hasn’t already been established, it will quite possibly lead to those who end up caring for you being required to make those time consuming and costly applications to the Court of Protection to provide for your financial affairs and medical assistance.
Having documents registered with the Office of the Public Guardian that clearly defines who is responsible for your estate, financial accounts, and health keeps your family members from being in jeopardy. It also means matters can be transacted swiftly, which is important especially when it concerns health issues and issues like the immediate or long-term medical treatments needed.

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Two types of Lasting Power of Attorney are available and most discover both are important to establish. The first is the Health & Welfare Power of Attorney. This allows either a predetermined family member or your attorney to make any and all decisions with regards to your health. What type of medical treatment you will receive and your personal welfare which could include appropriate home care, etc.
This authority can also give your designated Power of Attorney individual the right to giving or refusing consent to life-sustaining measures or treatments.
The other type of Power of Attorney has to do with financial and property affairs. This gives the Power of Attorney holder the authority to deal with your financial affairs such as taking care of bank accounts, paying debts or other financial transactions.
It also gives the authority to manage and sell your property should you become incapacitated and unable to do so yourself.
The individual you choose to designate as your ‘attorney’ should be not only someone you trust immensely to have your best interests as a priority but someone who has the skills to make proper decisions. It can be a family member, a close friend or a professional attorney.
It is also practicable to designate more than one attorney, and to also have a list of nominated people who can serve as replacement attorneys in the event something happens to one you have already designated.
For more information or to consult with a trained consultant call The Will Associates now on 0800 9500 700.