Why are powers of attorney important for people of all ages

Powers of attorney (POA) are important to people of all ages, not just the elderly. Buy why?

6 reasons why powers of attorney are important

1. Mental incapacity issues will continue to increase as we live longer.
2. Accidents can happen to the young as well as the elderly – Lasting POAs are an insurance against a life changing event.
3. A POA puts you in control.
4. A POA protects your interests.
5. Lasting POAs come with checks and balances.
6. Deputyship applications are significantly more expensive that making a POA.

Our advice is simple. It’s better to sort one out before it’s too late.