August 29, 2019 by April King
Planning for a future in which someone else makes important decisions on your behalf is often associated with the elderly, the wealthy or anyone else but you. However, putting in place a Lasting Power of Attorney can give peace of mind that essentially, someone you trust is in sole charge of your affairs if you are no longer able to direct them yourself. This applies whether it is on a temporary basis, or worse, a more permanent one.
Anyone aged 18 or older who has the mental ability to make financial, property and medical decisions for themselves, are able to arrange for someone else to make these decisions for them in the future when they might not be able to do so.
Here at April King, we hope that by dispelling some of the allegories around powers of attorney more people, but specifically young people will put in place this simple legal document so that loved ones are relieved of the burden should something happen to them. It certainly isn’t all about the conditions that you may relate to elderly people and powers of attorney, young people which take part in high-risk sports, living with a mental health condition, or regular alcohol and drug use are all social patterns which could lead young people to no longer be able to make important decisions for themselves. It is very important to let young people know that without powers of attorney in place, your family or your partner will not be able to access your bank account or consent to a medical procedure. For this to be done without powers of attorney, it must be applied to the Courts in order to act on your behalf which can be time-consuming and costly.
Making a power of attorney is not at all giving away your independence, it’s about taking control and being self-aware and putting in place a legal document, just in case.