As we get older we start to think about our health and wellbeing a little bit more and what might happen to us should we lose the ability to make decisions for ourselves. We worry about what might happen to us if we lose our mental capacity and who will manage our financial affairs and make important healthcare decisions on our behalf if that were to happen.

By making an Enduring Power of Attorney you will have a legal document in place detailing who will make those incredibly important decisions on your behalf if you were to fall ill and lose your mental capacity. 

Typically, you will select an attorney that you trust and can rely on to make those all important decisions on your behalf. By putting an Enduring Power of Attorney in place you decide what powers your attorney will have over your financial affairs and your care and well-being.

In relation to your finances and depending on the content of the Enduring Power of Attorney, your attorney may have the power to:

• Pay your Bills

• Sell and Purchase Property

• Payback your Loans

• Manage any Investments you may have.

The same applies to healthcare related decisions. As an example, your attorney may have the power to:

• Decide where you live

• Decide what Medical Treatment and Care you should receive

If you feel like an Enduring Power of Attorney is something that you would like to put in place or if you would like further information before doing so please get in touch with our team and we will guide you through the process.