We do not like to consider the possibility of being incapable of managing our affairs; still less actually making plans for such an eventuality. Yet putting a Lasting Power of Attorney in place before an emergency arises will save heartache, money and assure peace of mind for all. It is important that a Lasting Power of Attorney specific to your needs be arranged, again with an eye on long term care.
A Lasting Power of Attorney will enable a relative or close friend to act on your behalf in the event that you lose the ability to carry out essential functions, whether through mental or extreme physical disability. This can range from writing cheques to selling properties. You can have more than one Attorney, either acting together or independently.
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