The thing about life is that it's full of plot twists. It's an unpredictable ride where nothing is set in stone. The only thing we know for sure is that, in the end, we die. So we make Wills or buy insurance policies. It's the one thing we can plan for with certainty. Yet despite the adage that life is...
The thing about life is that it's full of plot twists. It's an unpredictable ride where nothing is set in stone. The only thing we know for sure is that, in the end, we die. So we make Wills or buy insurance policies. It's the one thing we can plan for with certainty.
With it, they may make decisions on your personal welfare, property and financial affairs. These tasks can be as quotidian as paying your bills and as important as making decisions about your health. Even if your family has your best interests at heart, they do not get the automatic right to manage your affairs. Also, beyond your own personal health and finances, your mental incapacity could affect what happens to the care of your children or elderly parents. An LPA gives you the opportunity to plan for those instances and ensure that your dependents are not unnecessarily locked out of your assets which may be essential to them.
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