May I…
Plan ahead for losing capacity?
The question of future capacity is one many people understandably prefer to avoid, however if you are asking “May I plan ahead for losing capacity?”, the answer is of course, Yes you can.
As already mentioned, any questions around future capacity is one so many understandably skate around. However, proactive planning is crucial to ensure your wishes are respected, and your affairs are managed according to your preferences, should you ever lose the ability to make decisions for yourself. At MannBenham Advocates, we understand the importance of this planning and offer expert guidance on Enduring Powers of Attorney (EPAs).
What is an Enduring Power of Attorney?
An Enduring Power of Attorney is a legal document that allows you, the ‘donor’, to appoint one or more people (known as ‘attorneys’) to make decisions on your behalf if you lose the mental capacity to do so yourself. This could be due to illness, injury, or any other circumstance that affects your ability to manage your affairs.
Why is an EPA Important?
- Control over your affairs:
An EPA ensures that the individuals you trust are authorised to handle your finances, property, and other important matters. This avoids potential complications and ensures your wishes are followed. - Peace of mind:
Knowing that you have a plan in place provides significant peace of mind, both for you and your loved ones. It removes the uncertainty and potential stress associated with future incapacity. - Avoiding complications:
Without an EPA, your family may need to apply to the court to manage your affairs, which can be a lengthy and costly process. An EPA streamlines this process and avoids unnecessary burdens on your family. - Specific and tailored:
An EPA can be tailored to your specific needs and wishes. You can specify the powers granted to your attorneys and any limitations or conditions that apply. This ensures your EPA reflects your unique circumstances. - Complex situations:
EPAs are particularly helpful for those with complex personal or financial matters, such as business owners or individuals with significant assets. They provide a framework for managing these affairs effectively, even in challenging circumstances.
MannBenham Advocates: Your Trusted Partner
At MannBenham Advocates, we have extensive experience in advising and assisting clients with all aspects of EPAs. Our team of expert lawyers can guide you through the process, ensuring your EPA is legally sound, reflects your wishes accurately, and provides you with the peace of mind you deserve. We understand that this is a sensitive matter, and we approach it with the utmost care and professionalism. We are one of the legal services offered by MannBenham under the Private Clients, Wills and Estates section.
Take Control of Your Future Today
Don’t leave your future to chance. Contact MannBenham Advocates today to discuss your needs and learn how an Enduring Power of Attorney can help you secure your future and protect your interests. Our team is here to provide you with clear, practical advice and support every step of the way. Take the first step and use the form below, or email us directly at [email protected] or call us on 01624 639350 and arrange your free initial consultation with us today at our office, over the telephone or even via a video call.
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