Lasting Power of Attorney

A Power of Attorney is a legal document that grants someone the authority to make decisions on behalf of another person, especially in financial, legal, or health matters, including mortgage and insurance.

This arrangement ensures that someone trusted can act on your behalf if you become unable to make decisions due to illness, injury, or other incapacitating circumstances.

It's a crucial tool for managing affairs and ensuring continuity in decision-making.

The decisions a Power of Attorney can make depend on the specific powers granted in the document.

Here are common areas of decision-making:

Financial Matters: Managing bank accounts, investments, and financial transactions, mortgage and insurance.

Property Transactions: Buying, selling, or managing real estate on behalf of the individual.

Legal Decisions: Handling legal matters, including contracts, lawsuits, and legal representation, mortgage and insurance.

Healthcare Decisions: Making medical decisions, choosing healthcare providers, and consenting to or refusing medical treatments.

End-of-Life Decisions: Following the individual's wishes regarding life support, organ donation, and other end-of-life considerations.

It's important to clearly outline the powers granted in the Power of Attorney document & specify any limitations or conditions.

This legal arrangement is typically customisable to meet the individual's specific needs and preferences.