In Ireland if, and individual becomes mentally incapacitated as a result of illness or accident, no family member or loved one can have access to your assets and property without an Executed Enduring Power of Attorney or unless you become a Ward of Court.
An Enduring Power of Attorney is a legal document which allows you to appoint someone of your choice to control your affairs, should you become mentally incapacitated. Your current personal situation is not affected by the creation of an Ensuring Power of Attorney.
The Enduring Power of Attorney can only come into effect if you become mentally incapacitated and only then when it has been registered by your Solicitor in the High Court on foot of a doctor’s report as to your mental incapacity and provided notification has been given to your two selected notice parties. The notice parties will be given an opportunity to object to the registration of the Enduring Power of Attorney.
The Enduring Power of Attorney can be revoked by you at any time up to the date of registration. It can be revoked after registration but only by way of an application to the Court.
The execution of an Enduring Power of Attorney is an easy and practical way for an Individual to protect their assets, property and future requirements.
Contact us today at (01) 8404697 to arrange a FREE CONSULTATION to discuss the Creation and Registration of an Enduring Power of Attorney.