Many of us are aware that should we lose the ability to make our own decisions about our lives, we would need Lasting Powers of Attorney in place to allow another to do it for us.
The time-consuming and costly alternative of applying for Deputyship through the Court of Protection is a very poor option.
Most of us think, however, that it’s in later life we would need such documents to be created. After all, 1 in 4 over-80s develop dementia.
But mental and physical disability can hit at any time; 24% of all critical illness insurance claims are from the 25 to 40 age group.
Stroke, coma, brain injury, severe mental health problems or severe alcohol and drug misuse could necessitate the arrangement of LPAs.
It’s certainly worth thinking about when you consider that there are 850,000 dementia sufferers in the UK, and it’s on the increase. 40,000 of those are younger people.
MVL Wills and Trusts Ltd of Battle can arrange LPAs for you and get them registered with the Office of the Public Guardian.
You’ll need two – one for property and finance, one for health and welfare decisions.
We’re even offering a deal for couples who need to arrange four. You can contact us on 01424 577070 or email at firstname.lastname@example.org.
But remember, you can only set up LPAs when you have mental capacity. Once that’s gone it’s too late…