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. Rossendale 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:
- Consenting to or refusing treatment
- Where you should live
- Your day to day care
- 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:
Kim Spencer on 01706 854167 or email email@example.com
Lasting Powers of Attorney | Rossendale Law, Solicitors Rossendale UK