Powers of Attorney (POA)
A Power of Attorney lets you decide now who you want to make decisions for you if you are ever unable to do so in the future. It is now standard to draft these alongside wills as it gives you a choice about who to give powers to and normally avoids the need for a more complicated guardianship application at a later date.
The key thing to remember about a POA is that your can't 'take out' a POA in relation to someone else. It's something that must be granted by them at a time when they have capacity to understand the document they are signing. In some circumstances, a POA can be used to help someone who is struggling to manage money or property.
It's important for anyone diagnosed with a progressive illness like dementia to think about granting a POA. It might also be helpful for people with mental health conditions where they may have fluctuating capacity.
Please contact us if you would like more information about Powers of Attorney.