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 / 0161 429 8383 or email
us at oneillmorgan@oneill-morgan.co.uk
or submit an enquiry and we will get back
to you.