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What is an Enduring Power of Atttorney:
There is always a possibility that in the future each of us might become incapable of managing our own affairs either through senility, accident or illness. An Enduring Power of Attorney allows you to make proper arrangements for the management of your financial affairs should this eventuality happen to you by authorising someone to sign documents on your behalf if you become incapable. If you do not have an Enduring Power of Attorney made a more complicated and expensive High Court management process applies.
When can it be used:
An Enduring Power of Attorney can only be validly made when you are still capable, it is then stored with your Will until needed (if ever). An Enduring Power of Attorney cannot be made once you are incapable of managing your affairs.
What we can do:
We can prepare an Enduring Power of Attorney for you to sign and explain exactly what it does. If you instruct us to we can also ensure that it is not used unless and until you become mentally incapable.
Enduring Power of Attorney Article![]()
Contact us:
If you would like more information please contact one of our experienced team members by telephoning 0800 840 9293
or email estates@wilson-nesbitt.com.
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