Enduring power of attorney

Posted on February 1st, by editor in Caring Times. No Comments

|In the last of a series of articles on care funding issues, CareAware¹s Louise Williams looks at the advantages for the individual who establishes a framework for his or her requirements, should they become incapable during their lifetime There are many events and illnesses, which can deprive an individual of the ability to manage their own affairs. Strokes, Alzheimer¹s Disease, other dementias and accidents can all leave a person with impaired mental capacity and no longer able to perform simple functions like operating a bank account, collecting pensions or paying bills. In such circumstances, many people incorrectly assume that their partners or family can simply take over the responsibility. This is not the case. Unless an individual legally nominates a person to act on their behalf, the consequences can be disastrous. Their assets can be frozen and will fall under the control of the Court of Protection. While the Court provides an important safety net for the most vulnerable people, it can be expensiv

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