Grant a power of attorney to protect your interests in case of legal incapacity

If you are no longer capable of taking your own decisions and managing your estate due to illness or an accident, and you are legally incapacitated, a judge will appoint someone to do this for you.

Thanks to new legislation you can now decide for yourself who will protect your interests when that time comes. With a simple power of attorney you can freely appoint the person who – on your behalf – can perform a number of estate transactions that you select and this at a time when you are no longer legally capacitated.

For example, you can grant a power of attorney for:

- The collection of pensions, rent, interests and dividends
- The payment of taxes and other debts
- The conclusion and cancellation of rental contracts and ordering to have repairs carried out to rented property
- The execution of bank transfers
- The acceptance of donations and inheritances
- The sale of real estate
- The making of donations

For decisions relating to you as an individual, such as medical decisions, filing a petition for divorce, or a marriage, it is never possible to grant a power of attorney to a third party.

You can decide to modify this power of attorney and appoint a different administrator at all times.

You must grant the power of attorney before you are legally incapacitated, and it can be drawn up privately or through a notary public.

Please feel free to contact Panis for any further details.