Lasting Power of Attorney
What is a Lasting Power of Attorney?
Lasting Power of Attorney is a legal document which enables an individual you trust to make decisions on your behalf. It will let them make important decisions about your health care, welfare and finances at times when you are unable to make those decisions yourself.
Why should I make a Lasting Power of Attorney?
If you’re considering a Lasting Power of Attorney doing so sooner, as opposed to later, is almost certainly better. In the event that it is left too late, those closet to you could be faced with lengthy court proceedings to secure the right to make the decisions you need.
Different types of Lasting Power of Attorney
There are two different forms of Lasting Power of Attorney. One deals with property and financial affairs, whilst the other deals with your health and welfare.
Property and Financial Lasting Power of Attorney
When you have a property and financial Lasting Power of Attorney in place the person, or people, you elect will be able to do anything relating to your property or finances that you could do. This can include buying and selling property, managing your bank accounts and investments or running a business on your behalf. They could also claim benefit or pension entitlements for you.
Health and Welfare Lasting Power of Attorney
Like it sounds this type of Lasting Power of Attorney will enable your Attorney to make decisions relating to your health and welfare. This might include medical treatment matters, social care needs or anything else relating to your health and welfare.
Choosing an Attorney
When choosing your Attorney, it is important to pick someone who you know certainly will have your best interests at heart and that you can trust absolutely. You can, if you wish, elect more than one person. If you do this, you can also make it so that they must agree on the decisions they take on your behalf – or if they can act independently of each other.
If there are some things you don’t want your Lasting Power of Attorney to enable your elected Attorney to do then you can place restrictions, or guidance, limiting their actions.
How to get in touch?
You can speak with one of our Lasting Power of Attorney team by calling us on 01709 363876. Alternatively, you can contact us through the form on this website.
Arthur Jackson & Co Solicitors will only use your information for the purposes of your enquiry.