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Talfourds Solicitors - Essex Hornchurch

Powers of Attorney
Managing your affairs and lasting power of attorney

There may come a time when, because you are incapable of managing your property and financial affairs or personal welfare, you will need someone to do this for you. You can formally appoint a friend, relative or professional to hold a lasting power of attorney that will allow them to act on your behalf.

Lasting power of attorney is a legal document that lets you appoint someone you trust as an ‘attorney’ to make decisions on your behalf.

It can be drawn up at any time while you have capacity, but has no legal standing until it is registered with the Office of the Public Guardian.

A registered LPA can be used at any time, whether you have the mental ability to act for yourself or not.

You can create two types of LPA:
  1. Property and Affairs LPA
  2. Personal Welfare LPA
Property and Affairs LPA

A Property and Affairs LPA allows you to choose someone to make decisions about how to spend your money and the way your property and affairs are managed.

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Lasting power of attorney
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Personal Welfare LPA

A Personal Welfare LPA allows you to choose someone to make decisions about your healthcare and welfare. This includes decisions to refuse or consent to treatment on your behalf and deciding where you live. These decisions can only be taken on your behalf when the LPA is registered and you lack the capacity to make the decisions yourself.

How many people should you appoint and who? You may not be able to check up on the attorney yourself if you become incapable, so it may be a good idea to appoint more than one person to help prevent abuse of the responsibility. Choose people you can trust to act in your best interests. You should consider how well they look after their own financial affairs and whether you can trust them to use your money to meet your needs.

You can use Talfourds Solicitors to set up an LPA

Government Info:

'Seeking professional advice:  Depending on the complexity of your property and financial affairs it may be a good idea to get advice from a solicitor before making an LPA.'

For further details please email: pt@talfourds.com
                                           or info@talfourds.com

Find out about Inheritance Tax Planning  »
Estate Administration & Probate
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