Quick facts about Power of Attorney

A Lasting Power of Attorney is an important document that allows people to make decisions for you should you find that at some point in the future you temporarily or permanently lose mental capacity. It is important that this document should be drawn up by a Gloucester Solicitors such as https://www.deeandgriffin.co.uk/ to make sure it is correct and legal.

You don’t have to have just one person as your Attorney. You can have several that will act jointly and make decisions together or have just one. Even when you have two or more you can nominate one of the group to make certain decisions without the others or severally. You as the donor can dictate which ones are which.

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Power of attorney falls into two categories; the lasting and the enduring. The enduring power of attorney is not as common as it was as it was phased out in 2007 and now the only option you can have is the lasting type. There are two types of lasting power of attorney.

Personal welfare – This allows the attorney to make choices over your living arrangements and care such as food, clothes and hygiene so these standards are maintained. It also covers medical care and any treatment you may have if you are unable to make the decisions.

Property and Financial – The attorney will be able to make choices with your money and your home. These could be where money is invested, the selling of a home or making improvements to it for you.

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Ronney

Hi, I am Ronney Chowdhury; I am an entrepreneur, father, mentor and adventurer passionate about life. At this moment, I am working with depression and anxiety; here is my blogs how to recover from anxiety and how to fight with anxiety. I hope everyone will like my blogs.

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