Welfare and Continuing Powers of Attorney
A Power of Attorney (POA) is a crucial legal document that grants someone you trust the authority to make decisions on your behalf if you are unable to do so yourself.
Welfare and Continuing Power of Attorney
Why having a Power of Attorney is important:
Financial Management: If you become incapacitated, your designated agent can manage your finances, pay bills, and handle investments, ensuring that your financial affairs are in order.
Health Care Decisions: A POA can include a Health Care Proxy, allowing someone to make medical decisions for you if you are unable to communicate your wishes.
Avoid Legal Complications: Without a POA, family members might face legal hurdles and lengthy court procedures to gain the authority to manage your affairs.
Peace of Mind: Having a POA ensures that trusted individuals are in control of important matters, alleviating stress for both you and your loved ones during challenging times.
Personalised Choices: You can choose someone who understands your preferences and values, ensuring decisions are made according to your wishes.
At Mackay Sinclair, we can help you set up a Power of Attorney that fits your needs, providing you with peace of mind and safeguarding your interests for the future.
General Powers of Attorney
If you require a Power of Attorney for only a short period, you should further think about the specific Powers you wish to grant and the duration you wish them to be active for. Mackay Sinclair can help guide you through this process to ensure all of your bases are fully covered.