A Lasting Power of Attorney (LPA) is a legal document whereby you give someone you trust the legal authority to make decisions on your behalf at a time in the future when you most need their help.
There are two different types of Lasting Powers of Attorney:
- Property and Financial Affairs Lasting Power of Attorney – this can cover spending your money on your behalf and generally anything connected with your finances (your income, savings, investments, pensions etc), paying bills and also selling your home
- Health and Welfare Lasting Power of Attorney – this can include making decisions about where you live, who can visit you and also the power to give or refuse consent to life-sustaining treatment
A well drafted document can save both you and your family an enormous amount of stress when you may most need their help.
When creating such a document, it is important to ensure you appoint the right people and to consider the extent of their powers you wish them to use. At WLS we can help you identify the most appropriate attorneys, their respective powers for the various situations and circumstances.
If you are uncertain as to who best to appoint then a simple meeting with one of our team will help you work through the best person or people to appoint for the different roles.
Being Appointed an Attorney
If you are appointed an Attorney there are certain things that an attorney can and cannot do. Getting it wrong can cause unnecessary stress and extra work. We have a useful factsheet for Attorneys which you may find helpful. Please contact us for a copy.
If it is too late to prepare a Lasting Power of Attorney then please see our Court of Protection information for the process to apply to the Court for the appointment of a Deputy.