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Why make an enduring power of attorney?

enduring power of attorney
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Why make an enduring power of attorney?

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Because it will continue to have effect even if you lose capability, for example if you have a stroke or are injured in a car accident. Making an enduring power of attorney allows you to choose who you want to manage your financial affairs if you lose the capability to do this for yourself. It is a cheap and easy alternative to other forms of financial management such as a financial management order under the Protected Estates Act.

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