Lasting powers of attorney

By Will Writer Emma Cohen MIPW

The simple fact of the matter is we are all living a little bit longer. We live in a world which is changing at considerable pace, advances in technology have seen the introduction of new vaccines, cures and better medicine. We are now on course to extend our life expectancy by nearly 20 years compared to those of just 3 generations ago. However, an ageing population comes with it’s own not so hidden problems.

Illnesses such as Parkinson Disease and Dementia are becoming increasingly diagnosed Recent studies now predict that 1 in 4 women and 1 in 5 men are likely to contract these debilitating illnesses in their lifetime and although there is more and more research and better and better medication available, the effects it has on families and loved ones can be overwhelming, although, losing the capacity to make decisions can come at any age, it’s certainly not just restricted for the elderly.

I am all to aware of the impacts that accidents can have and speak with people on a weekly basis who are going through the trauma and adjustment of what their future now holds. In so many of these cases, we explore ways of handing over legal powers of decision making both in a financial capacity and in their ongoing care environment. The process at this point can become somewhat lengthy, time consuming and frustrating. None of us really know what’s round the corner, LPAs are certainly not an insurance policy, but they do offer you the chance to nominate those you trust the most to carry out your wishes when you no longer have the mental or physical function to do so. Whether it’s simple things like paying the bills or large life events like moving home, having the peace of mind that those decisions are in place can be a bit of relief to everyone involved.

Please do get in touch with me on 01903 821010 or email: emma.cohen@nsure.co.uk