Power of Attorney for Welfare (Scotland)

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In Scotland, a Power of Attorney for Welfare is a legal document that allows you to appoint someone to make important decisions about your personal welfare and healthcare if you become unable to do so yourself. This can include decisions about medical treatment, where you live, and the kind of care you receive.

A Power of Attorney for Welfare is a crucial aspect of estate planning, as it allows you to ensure that your wishes and preferences are respected, even if you become unable to make decisions for yourself. This can provide peace of mind for you and your loved ones and can help to ensure that you receive the care and support you need in the event of illness or injury.

It's important to note that a Power of Attorney for Welfare can only be used if you have lost the capacity to make decisions for yourself. As such, it's important to create this document in advance, while you are still able to make your wishes known and appoint someone you trust to act on your behalf.

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Key benefits of Estate Planning

Protect Beneficiaries

Provide financial security for loved ones

Reduce Taxes

Minimise inheritance and capital gains taxes

Prepare for Incapacity

Ensure decisions are made by trusted people

Avoid Probate

Streamline the transfer of assets to heirs

Control Asset Distribution

Decide who inherits what and when

Protect Your Assets

Safeguard wealth for future generations

Plan for Care Costs

Protect assets from care home fees

Preserve Family Wealth

Prevent wealth from being eroded over time

Gain Peace of Mind

Reduce family disputes and secure your wishes

Estate planning ensures your assets are protected, your wishes are honoured, and your loved ones are cared for.

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