|
Regrettably, there may come a time in your life when you are no longer able to manage your financial affairs or personal welfare, and you will need someone you know and trust to make decisions on your behalf. Even if you are young, you could find yourself incapacitated due to illness or injury, and having somebody you can rely on to manage your personal affairs helps remove the anxiety of having unpaid bills at a time when you most need peace of mind.
More and more people are being diagnosed with dementia and Alzheimer's disease every year, and it is often the case that nobody has thought to put a Lasting Power of Attorney in place before it is too late. Doing so in advance ensures that if the worst were to happen, you and your loved ones can rest assured that your personal welfare and financial affairs are in safe hands.