Lasting Powers of Attorney

Understand the differences

 

Lasting Powers of Attorney

Understand the differences

Which LPA?

These are documents that enable you to give legal authority to a person or persons who you trust, called Attorneys, to manage your affairs for you or make decisions on your behalf, when you are not in a position to do so yourself.  For example – following an accident, stoke or onset of dementia.

There are two kinds of Lasting Powers of Attorney (LPA), one that deals with your Property & Financial Affairs and one that deals with your Health & Welfare.

The former would enable your Attorneys to do things like draw your pension or pay your bills or sell your property on your behalf.  The latter would enable your Attorneys to make decisions related to your health and personal welfare.  For example what sort of care you receive.  But this type of LPA can only be used once you lose mental capacity.

Don't Put It Off

Both types of LPA must be registered by the Office of Public Guardian , before they can be used by your Attorneys.

Although we all tend to think of Wills and Lasting Powers of Attorney documents as useful for later life, it is important to think what would happen now if you were unfortunate enough to have an accident or serious illness.

On behalf of APS Legal & Associates Ltd, Head office: Worksop Turbine Innovation Centre, Shireoaks Triangle Business Park, Coach Close, Worksop, Nottinghamshire, S81 8AP
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