Many of us worry that as we grow older, we will become either too ill or to too confused to handle our own affairs. As those affairs become more of a burden to us, we often have to turn to friends and relatives for help.
Sometimes, however, we need a more long-term solution than this. It is then that we should consider giving a Power of Attorney to a close friend, relative, solicitor or other professional adviser.
A Power of Attorney is a legal document, which enables your appointed Attorney(s) to act on your behalf. Such powers can be limited to a specific task e.g. selling your house, or can be completely free of any restriction and apply to all of your affairs.
Since October 1st 2007 the law has changed. Enduring Powers of Attorney have been replaced by Lasting Powers of Attorney. This document is approximately 24 pages long and instead of only needing one type, which covers all eventualities, there are two types, one for your health & welfare and one for your property.
Enduring Powers of Attorney made before October 2007 are still valid.
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Bakewells Solicitors 64 Friar Gate, Derby DE1 1DJ Telephone : 01332 348791