What is a Lasting Power of Attorney?
This is a document which gives another person or people legal authority to make certain decisions on your behalf in the event that you are no longer able to do so.
There are two types of Lasting Power of Attorney:
- A Property and Affairs Lasting Power of Attorney gives the people or person of your choice the power to deal with your property and financial affairs including collecting your benefits, dealing with your banking arrangements, and buying and selling your property.
- A Personal Welfare Lasting Power of Attorney gives the person or people of your choice the power to make decisions regarding your medical treatment and even if you choose, the power to give consent or to refuse life-sustaining treatment on your behalf.
You can choose any person to be your attorney and if you wish, you can appoint more than one attorney to act on your behalf. People often choose their spouse, children or close relatives or friends. However, it is also possible to choose a professional person such as a solicitor.
What are the benefits?
One of the key advantages is that in the event of the loss of mental capacity, the Attorney can deal with matters without having to have to go through the Court of Protection and the expense and inconvenience that can potentially cause.
Do I need an LPA?
An LPA can be entered into by any person of any age. However, it is perhaps particularly helpful for elderly and infirm people who are, or who are becoming, increasingly dependent on family members for assistance.
What are the first steps?
The first step is a free consultation with one of our Wills and Probate solicitors. We will talk you through the process involved and answer any questions you may have.
Call and speak to a member of our team on 01244 312306