Lasting Power of Attorney is worth considering
by Daniel Jones
Drawing up a Lasting Power of Attorney
may not be something many people have thought about, but it could come in extremely useful later in life.
The legal document gives a friend or relative the ability to make decisions on an individual's behalf, either when they no longer wish to, or are simply unable to.
One of the main benefits is that it can save relatives a lot of time and money should the worst ever happen.
People should be aware that there are two Lasting Powers of Attorney to choose from, one which covers health and welfare, and another relating to property and financial assets.
In either instance, it is essential for the Lasting Power of Attorney
to be registered with the Office of the Public Guardian, otherwise it will not be valid.
It is important for someone to be appointed who will make decisions based on an individual's best interests and will give the job the care and attention it requires.
Published on: September 15, 2011
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