Lasting Powers of Attorney
An Enduring or Lasting Power of Attorney allows someone you
trust to make decisions about your healthcare or finances at a time
when you lack the mental capacity to make those decisions
yourself.
There are two very different forms of Lasting Powers of Attorney
(LPA). One deals with your financial affairs - LPA (Property and
Affairs); the other deals with your personal welfare issues - LPA
(Personal Welfare).
The person you appoint to look after your affairs and make
decisions on your behalf is called an Attorney. You can appoint
more than one, but you have to decide if they must always act
together or if they can make decisions on their own. A common
approach is that the Attorneys can act separately over day-to-day
matters, but act together when it comes to significant matters, eg.
selling your house.
When establishing a Lasting Power of Attorney, you must be
mentally capable. It must be signed by you and your Attorney and
witnessed. In addition someone else must certify that you
understand the nature and scope of the Lasting Power of Attorney
and have not been unduly pressured into the decision.
For further information call us now on Freephone 0800
387967 or email us at oneillmorgan@oneill-morgan.co.uk
or submit an enquiry and we will get back
to you.