What Are Lasting Powers Of Attorney?
The system of Lasting Powers of Attorney (LPA) enables you to appoint Attorneys to make decisions for you if you are unable to make decisions for yourself. Here’s just a few of the areas our Wills, Trusts & Probate services cover:
Lasting Powers Of Attorney –
Guaranteed Peace Of Mind
We all hope that we can continue to manage our own affairs throughout the whole of our lives, and most of us are fortunate to do so.
However, we should also take precautions in case we find ourselves needing help in future.
By putting appropriate arrangements in place while you are still in good health, you can choose who makes decisions for you if you can no longer make decisions for yourself.
You can also potentially avoid the need for costly and complicated dealings with the Court of Protection.
The System Of Lasting Powers Of Attorney
The system of Lasting Powers of Attorney (LPA) enables you to appoint Attorneys to make decisions for you if you are unable to make decisions for yourself. There are two types of LPA:
The Property & Financial LPA will enable your attorneys to make decisions about managing your money and property, paying bills, buying and selling property or even running a business.
The Health & Welfare LPA gives your attorneys the ability to make decisions about your day to day living (including where you live, who you see, what you wear, what you eat, etc) and what care or medical treatment you receive.
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The Most Popular Questions For Lasting Powers of Attorney
A Lasting Power of Attorney (LPA) is a recognised document which allows a person to appoint named attorney(s) to help someone make decisions on their behalf if that person is unable. There are two types of Lasting Power of Attorney; one which deals with the management of someone’s property and financial affairs and another which deals with health and welfare decisions.
Even if a Lasting Power of Attorney has been registered at the Office of the Public Guardian it can still be amended, assuming the person who created the Lasting Power of Attorney still has mental capacity.
An Enduring Power of Attorney would have been prepared prior to 1 October 2007. Since then, the Lasting Powers of Attorney have replaced Enduring Powers of Attorney. Despite the introduction of Lasting Powers of Attorney, Enduring Powers of Attorney created prior to 1 October 2007 will still remain valid. Unlike an Enduring Power of Attorney (which is limited to decisions on the management of a person’s property and financial affairs), you can create separate Lasting Powers of Attorney which cover both the management of your property and financial affairs and for health and welfare decisions.