What happens if you lose mental capacity?
It is an unfortunate fact of life that as we get older, many of us will lose mental capacity.
Without a Power of Attorney your nearest and dearest will be unable to makes decisions about your care, accommodation and finances until they have been appointed a deputy by the Court of Protection.
Appointing a Deputy through the Court of Protection is a long drawn-out process that can be expensive.
Many people also wrongly assume that if they are married or in a civil partnership, any decisions will automatically be made by their spouse. Without a Power of Attorney, this is not the case.
So what can Davies Estate Planning do to help?
- Draw up a Power of Attorney suited to you and your family’ needs.
- Register the document for you.
- Ensure everything is set up and in place should the worst happen.
If you would like to have a no-obligation chat about a Power of Attorney, please call or email.