What is it called when you loose power of atorny?!


Question: What is it called when you loose power of atorny!?
My Nan is currently being assessed as she is quickly loosing her memory!. She has not updated her will and has mentioned her concern but then will forget again the next day!.
What is that we need to get in place !?
As she is not of sound mind !?
Thanks in advanceWww@Answer-Health@Com


Answers:
Power of Attorney is a legal document that a person (your NAN) would execute to identify who would be in charge of their affairs if and when they lose the ability to take care of their affairs themselves!. This document has to be completed when the person has enough mental capacity to be able to understand what they are doing, be able to consistently (over time) be able to identify who they are assigning the POA and why!. Declining memory does not necessarily mean they cannot make this decision, but at some point, memory impairment will prevent them from doing so (usually when they can no longer remember who they want to be POA and/or why)!. Below is a link for a POA form that is free to print!. You need to have it filled out, signed, witnessed and notarized, but there's really no more cost than that in getting this document completed!.

If your NAN no longer has the capacity to assign a POA, then guardianship of her person and estate is necessary!. This is a much more involved process and expensive!. The person interested in becoming the guardian must get an attorney and file a petition with a local court for guardianship!. This will cost around $2-4 thousand dollars!. The guardian then must report back to the court on a regular basis about what the guardian has done (money spent, care provided etc!.)

I hope you can obtain a POA rather than have to go throguh a guardianship procedure!.

good luck!.

ajWww@Answer-Health@Com

if your nan no longer can make sound decisions for herself some other member of the family will be given power of attornety !.!.l meaning that person acts for her and makes decisions she is no longer able to make!.!. for all of that you need a solicitor!.!. he will have to work this out with the person who takes over power of attorney!.!. a solictor is necessary to go and deal with paperwork and to make this legal that someone else in your family can act for your nan as power of attoney!.!. one cannot just nominate oneself a lot paperwork needs to be done !.!.!.xxWww@Answer-Health@Com

If you are in the UK, you need to look up online for websites relating to the Court of Protection and the Office of Public Guardianship!. They should provide information relating to the financial affairs of vulnerable people!.
Good luckWww@Answer-Health@Com

The Official Solicitor, you'll find them under the Law society web site, will assist but you need to act sooner rather then laterWww@Answer-Health@Com





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