LASTING POWER OF ATTORNEY

What are the potential risks that arise from not currently having a Lasting Power of Attorney in place? Have you ever taken a moment to consider the potential scenarios that could unfold concerning your home and savings if you were to face a situation where you're unable to manage your personal and financial matters due to mental or physical incapacity?
After a lifetime of hard work, it's your prerogative to determine who would take charge of your affairs if circumstances led to a loss of your mental capacity, be it through unexpected accidents or conditions such as strokes, dementia, and Alzheimer's disease.
Forecasts from Alzheimer’s Research UK indicate a significant uptick in the number of individuals affected by dementia in the UK over the forthcoming decades, largely due to the natural impact of aging. Research also points out that approximately 1 in 14 adults above the age of 65 in the UK are diagnosed with some form of dementia.*
A staggering fact is that a whopping 44 million people lack a Power of Attorney, encompassing a striking 85% of the UK's entire population. Failing to establish a lasting Power of Attorney arrangement could potentially result in your loved ones being excluded from crucial decisions about your care and financial well-being.

Consider the following story as a vivid illustration of the pain and challenges that can arise from not having a Lasting Power of Attorney in place:

Meet Sarah, a vibrant and independent woman who had spent decades building a successful career and nurturing her family. However, life took an unexpected turn when Sarah suffered a severe stroke, leaving her incapacitated and unable to manage her affairs. Without a Lasting Power of Attorney, her family found themselves trapped in a complex legal process, struggling to gain control over Sarah’s finances and make decisions about her healthcare. The emotional toll was immense, as disagreements arose among family members, precious time and resources were consumed, and Sarah’s wishes remained unknown. The pain of not having a simple document in place to grant authority during such a challenging time was deeply felt by Sarah’s loved ones, highlighting the crucial importance of establishing a Lasting Power of Attorney in advance.

This story underscores the significance of proactively setting up a Lasting Power of Attorney to avoid potential anguish and ensure that your wishes are honored when you need it most.

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Who Are You Looking To Get A Lasting Power Of Attorney For?

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What Type Of Lasting Power Of Attorney Are You After?

Health and Welfare Property and Finance Both of These

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