Many of us take it for granted that our ability to take care of things in terms of your property, wealth and your business or estate would just continue. In reality, this may not work out in the way you expect things to work. You could end up facing health issues or life’s situations could change and put you in a position whereby you are not able to make your own decisions in the right state of mind. If you should ever reach that state then you could be jeopardising your ownership of all that you have acquired through hard work. You could even be misled by miscreants around you to transfer your rights to them when you are not in a healthy state of mind to use your discretion. If you want to avoid such issues, you should make sure that you and your properties are legally guarded through a power of attorney.
A power of attorney gives legal rights to the designated person or persons to take legal decisions on your behalf when you happen to move into a state where you are unable to use your faculties of reason or in physically unfit stage to manage your property or even take decisions regarding your own health. When you have a power of attorney in place when you are enjoying good health both physically and mentally you will not have to worry about losing your property to someone that you do not intend to give.
When it comes to drafting your power of attorney Scotland will present to you several options. However, not every solicitor that you come across may be the best fit for your needs even if they are a qualified and licensed solicitor. You will have to do your homework to select the right solicitor or law office to help you with the creation of your power of attorney.
Before you approach your preferred attorney, you should first have clarity on the scope of your power of attorney and the person or persons that you would like to choose to include in your power of attorney. The person or the persons you are selecting should be highly trustworthy. They should not misuse the power of attorney because you would have legally transferred the rights to this person or persons the right to make decisions about your property and even your health.
Secondly, you should also be clear when exactly the power of attorney would be set in motion and the conditions that will bring the power of attorney to effect. When you choose the best solicitor for power of attorney or probate Scotland has to offer, they will guide you in these matters and help you draft the rules or terms for your power of attorney. You will not have to worry about the technicalities of the power of attorney. You just need to provide your solicitor the list of people that you would like to include in the power of attorney and your intent in making the power of attorney.