-
Welcome To
-
Welcome To -
Welcome To -
Welcome To -
Welcome To
Contact Águilas Tourist Office on +34 968 493 285
Send an Email
Click Here
Spanish News Today
Alicante Today
Andalucia Today
In Spain, your loved ones don't automatically have the right to manage your finances if you lose mental capacity. Without a properly appointed Power of Attorney for finance, your loved ones could be legally blocked from handling your bank accounts, paying bills or accessing assets when you are unable to do so yourself.
If you have previously bought property in Spain, any Power of Attorney granted to your bank or lawyer at that time will remain in place unless it has been formally revoked. This is why it's crucial to set up a Spanish Power of Attorney for Property and Finance now, choosing someone you trust to act on your behalf, not a stranger or a government representative. Having this in place can be crucial if any accounts or assets are frozen following a diagnosis of incapacity.
Alongside financial arrangements, it's equally important to prepare a Health and Welfare Advance Directive in Spain. This document allows you to clearly outline your preferences for medical treatment, comfort, and pain relief, and to make decisions about resuscitation or, in certain circumstances, euthanasia (legal in Spain since 2021). Doing so not only safeguards your dignity but also reduces stress and uncertainty for your family, making sure that your wishes are followed even if you cannot communicate them yourself.
For those with bank accounts or other assets in the UK, it’s also wise to arrange a Lasting Power of Attorney for Finance through the Office of the Public Guardian in England and Wales. This makes sure that your UK finances are protected under the law in case of incapacity.
Putting these documents in place helps your loved ones make the decisions you would have made, giving them peace of mind that your financial and health matters are properly managed. Getting professional guidance is usually a good idea, they can make the process straightforward, helping you prepare, register, and notarise everything correctly.
Specialists such as Thy Will Be Done can assist with these arrangements, with Powers starting from as little as €99 including iva. You can call them on 0034 865 756 058 or visit thywill.es to discuss your situation and get started. It's the kind of preparation you hope never becomes necessary, but you’ll be glad it's there if the unexpected happens.
Image: Archive
If you're looking for expert, affordable legal and financial guidance for planning your future and protecting your assets both in the UK and Spain, Thy Will Be Done offers a full range of estate planning and advisory services you can rely on.
“We truly believe that where there’s a Will – there’s a Way.”
