Lasting Powers of Attorney

Most people tend to think of Powers of Attorney (POA) in the context of someone losing the capacity to manage their affairs. That in itself is not incorrect, but they can be used in other circumstances and should be given consideration when planning for the future.

Lasting Powers of Attorney

A Lasting Power of Attorney (LPA) allows you to nominate individuals you trust (called Attorneys) to make decisions on your behalf.  They can be made in advance of you needing help in managing your affairs or in making decisions about your health and can take effect straight away or at some point in the future.  To be effective they must be formally registered.  There are two types of LPA:-

Property & Financial Affairs LPA

This provides your chosen Attorneys with legal authority to deal with and manage your financial affairs when the need arises.  An LPA could be useful if you are going abroad or become physically or mentally incapacitated or simply want someone to manage your affairs.  They can include such things as claiming pensions and allowances or operating bank accounts.

Health & Welfare LPA

Health & Welfare LPA allows your Attorney to make decisions regarding your personal welfare and any medical treatment you may need on your behalf.  It is particularly useful if you are worried about your state of health or wish to nominate others to decide upon the type of treatment and care you receive in future in the event you are unable to make decisions yourself.  Without this you have no control over the type of care and treatment you will receive if you become incapacitated.

For more information please call Sue Lata on 01952 525944.


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