Thursday 27 October 2011

What is Power of Attorney

 
A power of attorney is very similar to a will except that where a will manages your affairs if you die, a power of attorney manages your affairs if you are incapacitated.If, at some point in the future, you suffer from some illness, dementia or injury that leaves you unable to manage your own affairs, then life can become very frustrating for those trying to care for you, particularly if they need to sell your house or cash-in your savings and investments to pay for your care. Even the daily chore of collecting pensions and paying bills can become impossible if nobody has the authority to represent you.
A power of attorney clears the way for those that you’ve appointed to deal with your financial affairs easily, making their life much less difficult. And, it’s much better than the alternative which is to place you under the control of the Court of Protection, meaning that your affairs will be managed by a “Deputy” appointed by the Court.

We can create a Power of Attorney for you at a fixed price of just £349. We’ll keep this on file for you and then if you need to use the documents at some point in the future, we can register them with the authorities then.

We know your free time is precious and you don’t want to have to take time off work to visit our office. We fit in with you. We can visit you in your own home at a time convenient to you. There is no need to take time off work or to allow the process of crteating a power of attorney, a chore.

Grays provide a local, friendly personal service at a very competitive price.

For further information or to arrange a meeting to see how we can help call 01242 255 125 or email us at joan@graysgroup.co.uk.