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Appointing in advance someone you trust to take decisions affecting your finances and healthcare in the event that you are no longer capable of making decisions yourself will give you peace of mind. The ‘attorney’ you nominate is legally enabled to act on your behalf once you have made a Lasting Power of Attorney and registered it with the Office of the Public Guardian.
It pays to take precautions
No one likes to think about growing old or about their own death; this is probably why many people overlook their personal affairs and fail to take simple precautions. Unfortunately, dementia and other mental illnesses, alongside cancer, heart disease and other physical illnesses, are increasingly taking their toll on families. If the right measures are not taken, people you would like to inherit your estate may not get what you would like them to have.
So we would strongly advise you to appoint a trusted attorney who can then work independently or with a specialist law firm such as Ellicotts to:
Safeguard your assets
Decide who manages your affairs
Create trusts for your children
Nominate guardians for your children
Help you benefit from tax savings
Make a charitable gift
Provide instructions for your funeral arrangements
Ensure protection against disputed claims on your estate
For more details of our lasting powers of attorney services or to arrange a fixed fee initial consultation, please call us on 0208 445 5257, or email email@example.com