Lasting power of attorney solicitors
A power of attorney is a legal document that gives someone else the right and ability to make decisions on your behalf. Whether you’re an individual who needs assistance with their own affairs, or somebody looking after the family legacy – our lasting power-of counsel solicitors can help!
What is a lasting power of attorney?
A lasting power of attorney can be a great way to ensure that your financial and health decisions are being made in accordance with what you would want if something were ever to happen. There are two types, however: general or specific for finances only (IPA) ; one which applies specifically throughout all aspects (LPA).
- The attorney can decide medical treatment, housing, daily habits, and consent to life-sustaining treatments.
- Property and financial affairs: The attorney can take care of bank accounts, deal with benefits and pensions, pay bills, or buy and/or sell property.
When can I make a lasting power of attorney?
The power of attorney should be prepared in advance before it’s too late. If you are suffering from deteriorating mental health, your family may not have the legal right to manage affairs on behalf if they apply through court with expensive and time-consuming processes that could slow them down even more.
A power of attorney is a legal document that allows one person (the grantor) to make decisions on behalf another, usually because he or she cannot do so themselves. If you suffer an accident and show signs of dementia before making your LPA, it may already be too late for the people around us;
without this type of legal agreement in place – which can include choosing how much care-time should be spent at home vs hospitalization etc., who will take responsibility if anything goes wrong between our loved ones & ourselves?
How do I make a lasting power of attorney?
- You may have one, several, or no attorneys. Check to see if the individuals you select are over 18 years of age, have the mental capacity to make their own decisions (as well as yours), are willing to act on your behalf, and that you can trust them to do so in your best interests. Individuals who are bankrupt are unable to
- Fill out the required form. You can complete this either online or by filling out a paper form.
- Whether you want your attorneys to collaborate or work independently, whether you wish to name any substitutes and under what circumstances, and whether you have any preferences or instructions must all be carefully considered. Otherwise, the LPA may be deemed void.
- Fill out the witness statement form with two other individuals. Your attorneys may not serve as your witnesses.
- You’ll also need a “Certificate Provider,” which is the individual who validates your authority at the time of signing the LPA. If you’re working with a solicitor professionally on your LPAs, they can usually sign this portion.
- Otherwise, it must be a medical professional or a close personal friend who has known you for more than two years.
- While this might seem like a lot of work, it’s quite simple. Simply hand your lawyers the prepared statement and sign the LPA after they’ve read over it. All of these stages must be completed in a strict sequence, or the LPA will be invalidated.