There may come a time in your life when you are unable to manage your financial affairs and personal welfare. Things such as a loss of mobility or illness can make it difficult to manage your affairs, and in case of incapacity, your loved ones would have enough on their plate without the added worry of having to sort these out.
You might think that, should you become incapacitated, your spouse or family member would instantly gain control of your estate, finances, or wellbeing. But this is NOT the case! You need to choose people you can trust, who will act in your best interests, such as a relative, friend or professional.
It can be invaluable having a trusted person to manage your affairs, however, unless you have signed a power of attorney, your family won’t have any authority over your welfare or your money. The Court of Protection will appoint a Deputy for you, and this could be someone you wouldn’t have trusted or wanted to manage your affairs.
This is why it is so important to have Powers of Attorney in place. You can appoint the right person or the right people to make the correct decisions about your welfare and your estate at the right time.
Contact us today for more information on Powers of Attorney and how we can ensure your wishes are carried out. Tel: +44 7831 379562 (UK) or +34 622 374 738 (Spain), or email firstname.lastname@example.org