Lasting Powers of Attorney
People can become unable to manage their own affairs at any
stage of life, an accident, physical ill health or the onset
of mental illness may make everyday routines of paying
bills, managing a budget and making financial decisions
difficult and stressful and, in some cases, impossible.
Lancashire Law believes that it s worth planning ahead. When
someone becomes incapable of managing their affairs in the
future it can be a very difficult time both for them, their
family and their friends. From both a practical and
financial point of view it makes sense to consider
appointing an Attorney under an LPA before that day arrives.
Without a Lasting Power of Attorney (LPA) your family and
friends will not have legal authority to manage your affairs
on your behalf. Having an LPS in place will avoid the need
to apply to the Court of Protection for a deputyship order,
which can be expensive and time consuming.
The changes in the law in 2007 created two types of Lasting
Power of Attorney
-
Property and Affairs LPA
Decisions an Attorney could make on the donor's behalf:
-
buying or selling land
-
paying bills
-
selling shares
-
claiming benefits
-
Personal Welfare LPA
Decisions an Attorney could make on the donor's behalf:
A personal welfare LPA may be beneficial where there may be a family
dispute.
By Making a Lasting Power of Attorney you can choose one of
more people that you trust to make decisions on your behalf
about your property and money, healthcare and personal
welfare. we can advise you on all aspects of making an LPA.
Court of Protection
In our modern society people are living longer and many
families are finding that a loved one has lost their mental
capacity and are unable to manage their own personal
affairs.
If this happens and the person has not already appointed an
Attorney under a Lasting Power of Attorney (LPA) then an application is
necessary to the Court of Protection to appoint a Deputy to
act in the interests of the person without capacity.
If you require assistance in making an LPA or in making an application to the Court of Protection
then please contact us now. We offer fixed rates.
Contact Us Now:
please contact:
Belinda Thomasson on 01706 525053 or email
belinda.thomasson@lancslaw.co.uk
Alison McGuigan on 01706 525053 or email
alison.mcguigan@lancslaw.co.uk
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