Lasting Powers Of Attorney Wilmslow
Wilmslow Lasting Powers of Attorney is a very important document that is unfortunately still not used by many people today. For those of you who are unfamiliar, a Lasting Powers of Attorney document is for people who might be at risk of losing mental capacity i.e. through dementia or another type of disease.
However, did you know that approximately 33% of all adults over the age of 65 suffer from dementia? That is a staggering statistic and just goes to show how important a Wilmslow Lasting Powers of Attorney document can be. Having someone that you trust make decisions for you can be one of the best things in this situation.
This particular document allows you to assign someone you trust to make decisions on your behalf – these decisions are mainly related to finances, but they can also make some other decisions that you can talk over with your solicitor at the beginning of the process.
Creating a Wilmslow Lasting Powers Of Attorney Document
Creating a Wilmslow Lasting Powers of Attorney document isn’t as simply as you might think it is, there are different types of documents and certain things that both you and the person you appoint need to be aware of.
For example, you’ll want to be aware of the different types of documents that can be created. You can create an Ordinary Power of Attorney or a Lasting Power of Attorney. The “Ordinary” type means that the person will be able to make decisions on your behalf when you have mental capacity. The “Lasting” type means that the person will be able to make decisions on your behalf when you no longer have mental capacity.
Regardless of the options that you choose with a Power of Attorney document, make sure that you make the right decision and make sure that you do not skimp on the service. This is an important document, and you should get the best service possible from our Wilmslow IFA and Wilmslow estate planning specialist.