It is very common for people to think that putting a Power of Attorney in place is something that can be left until later in life because they don’t need one at the moment. However, unfortunately, the reality is that an accident or illness can strike at any point in life and often without any warning.
If you leave putting in place your Power of Attorney until you need it, then it is already too late. Your family and loved ones will then have to apply to the Court of Protection for a Deputyship Order. This is a long, complex and expensive process. Please see below for further details
If you leave putting in place your Power of Attorney until you need it, then it is already too late. Your family and loved ones will then have to apply to the Court of Protection for a Deputyship Order. This is a long, complex and expensive process. Please see below for further details – What happens if I don’t have a Power of Attorney? – and our Court of Protection section for full details.
In order to make a Power of Attorney, it has to be in advance of any issues. When you make a Power of Attorney, you must be able to understand fully what it is you are doing and the implications of doing it. If you wait until you are no longer capable of making or expressing your own decisions you will not be able to make your Power of Attorney.
A Power of Attorney is essentially a one-off insurance policy. You would hope never to have to need it, but if you do, you and your loved ones are fully protected and secure. If you plan ahead and put a Power of Attorney in place now, you and your loved ones will be in full control of what happens to your health and finances if the worst should happen.
