Growing older can mean problems for us and our loved ones.
Loss of mobility or illness can make it difficult to manage your affairs.
The prospect of unpaid bills can cause unnecessary stress and anxiety and delay someone's recovery.
Even the young can encounter problems due to accidents or illness.
Minor children could be taken into care whilst Guardians are appointed.
An elderly relative losing capacity is difficult enough for loved ones to deal with without the added worry that finances are becoming muddled.
What if I am unable to manage my affairs?
There may come a time in your life when you are unable to manage your financial affairs or personal welfare owing to some form of incapacity and you will need someone to act on your behalf. Even when we are young we can find ourselves incapacitated owing to illness or injury and it can be invaluable to have a reliable person who can manage your personal affairs and remove the anxiety of having unpaid bills at the time when you most need peace of mind.
Similarly, as we get older the need for an attorney increases as we are prone to illness and injury.
Creating powers of attorney in advance ensures that if the worst were to happen you can rest assured that both your financial affairs and your personal affairs are in safe hands.