Lasting Powers of Attorney (LPA) allows you to appoint one or more people to make decisions on your behalf.
If you’re worried about losing the ability to manage your own affairs in the future, you may want to consider making a Lasting Power of Attorney (LPA).
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Understanding Lasting Powers Of Attorney
A Lasting Power of Attorney means you appoint someone else to make decisions on your behalf if you lose mental capacity.
These could be decisions about:
- How to manage your finances
- What happens to your business if you’re a business owner
- Your health and welfare
- The type of medical care and treatment you receive
- What happens if you have to move into a care home.
Making a Power of Attorney gives both you and your family peace of mind for the future.
They’ll know what you want if anything happens to you, and you’ll know your wishes will be respected.
Types Of LPA
You can make an LPA, which gives your attorney/s authority in relation to your property and financial affairs.
You can also make an LPA, which gives your attorney/s authority in relation to your health and care decisions (although this type of LPA can only be used if you lack capacity).
Is It Best To Use A Solicitor For Lasting Power Of Attorney?
Hiring a solicitor when arranging a Lasting Power of Attorney (LPA) in the UK is often considered the best approach, particularly for those seeking assurance and legal precision.
Working with our lasting powers of attorney solicitors has several advantages.
Firstly, we are experts in legal matters, providing professional advice tailored to individual circumstances.
We can help you to navigate complex legal jargon, ensuring that the LPA is clear, accurate, and reflects the individual’s specific wishes.
This level of precision is crucial in preventing potential disputes or challenges in the future.
Moreover, a solicitor’s involvement ensures that the LPA is comprehensive and considers all scenarios, including intricate family dynamics or complicated financial situations.
We can offer guidance on selecting appropriate attorneys and the powers to be granted, balancing the need for protection with the individual’s autonomy.
For individuals with more complex estates or concerns about family disagreements, a solicitor’s expertise is invaluable.
We can anticipate and address potential issues, reducing the risk of the LPA being contested or invalidated due to errors or oversights.
Our team of powers of attorney solicitors can advise and assist you with completing and submitting the LPA forms with the Office of the Public Guardian.
If you require our advice or assistance with regard to creating an LPA, please contact our team by emailing patrice.lawrence@tvedwards.com or calling us on 020 3440 8000.
Frequently Asked Questions
What is an LPA?
An LPA is a document which you can make while you have capacity appointing people you trust to manage your affairs in the event that you are no longer able or willing to manage them yourself.
Who can apply to make an LPA?
Anyone who is over 18 and has capacity to make decisions for themselves.
How is capacity assessed?
If we have any concerns about capacity we will advise that a medical capacity assessment is undertaken by the person who would like to make the LPA.