Have you considered what would happen if you became incapable of making decisions for yourself. We rarely ponder upon the possibility of losing the ability to manage ur own affairs or having to struggle to deal with day-to-day financial transactions eg handling bank accounts, collecting or claiming benefits, paying bills or arranging for the sale of the family home. Yet we are all very familiar with the debilitating impact that can be caused by Parkinson’s Disease, Dementia or Stroke.
It is estimated that Dementia affects 1 in 14 people over 65 and 1 in 6 people aged over 80 (The Alzheimer’s Society). Furthermore, there are 1.2million Stroke survivors in the United Kingdom and that Stroke is the largest cause of complex disability – half of all Stroke survivors have a disability (stroke.org.uk – State of the Nation – January 2015).
It is clear that all mature adults should take the sensible step in preparing for the future and to safeguard their best interests in the event of suffering a debilitating illness. The safest and most effective way to do this is by appointing someone that you trust eg your spouse or one or more of your children, as your Attorney to deal with your personal and financial affairs.
By taking out an LPA you can plan ahead so that appropriate decisions can be made to protect your personal and financial welfare. A personal Welfare LPA will enable the Attorney to make decisions about personal matters such as where a person should live or the type of medical treatment to be received. This will give you peace of mind knowing that the persons closest to you will manage your affairs should you succumb to illness or incapacity.
For further legal advice about having a Lasting Power of Attorney please telephone our office on telephone 0161 666 9999 or if you prefer then submit your details using the form on our Contact Us page whereupon one of our solicitors will contact you to advise you and take further instructions from you and where appropriate arrange an appointment.