Discover the benefits of having a Lasting Power of Attorney. Can your loved ones can carry out your wishes should you become incapacitated?
A Lasting Power of Attorney (LPA) is a legally binding document that lets you appoint one or more people to help you make decisions or to make decisions on your behalf. You are known as the 'donor' and the person making decisions for you is known as 'attorney'.
The Lasting Power of Attorney gives you control over what happens to you if you have an accident or an illness and cannot make your own decisions on your own due to a lack of mental capacity. There are two types of Lasting Power of Attorney (Health and Welfare LPA and a Property and Financial LPA). You can use either or both. You may also appoint more than one attorney and different attorney's for each LPA.
Thank you for helping my mum.
The Health and Welfare LPA allows your attorney(s) to make decisions about things which affect your safety, daily routine and care. You should consider having a Health and Welfare LPA to ensure your wishes are adhered to should you suffer a life changing illness or event such as a stroke.
Things a Health and Welfare LPA Include
This LPA will only come into practice if it has been authorised by a medical practitioner such as your GP or a ward doctor in a hospital.
The Property and Financial Affairs Lasting Power of Attorney enables your attorney(s) to make decisions about money and property for you. You do not have to have reduced mental capacity to have a Property and Financial Affairs LPA. This could be of benefit if for example you would like someone to manage your finances or pay bills for you from your own account.
Things a Property and Financial Affairs LPA Include
You may agree to this LPA at your own discretion.
We are able to provide assistance with registering your Lasting Powers of Attorney with a simple phone call. We can provide home visits nationally to discuss your requirements in a friendly and comfortable atmosphere. Reference: https://www.gov.uk/power-of-attorney.
Thankfully you arranged the Lasting Power of Attorney for dad before he had a stroke. I didn't realise how important they were.
If something happens to you in the future and you cannot make your own decisions about issues such as finances, property, healthcare or personal care your family or friends cannot simply take over. You probably know that you need to make a will to determine what will happen to your assets when you die but you also need to put a lasting power of attorney in place if you want to make the decision yourself as to what will happen to you if you lose mental capacity.
Applications for LPA can be made to the Court of Protection by your family after you have been deemed to have lost mental capacity but it is not guaranteed it will be accepted. The Court may award the appointment to a local authority. This can be extemely stressul for your family.
The emotional stresses that one faces during a period of need will test you at every turn. Ease your fears in knowing that you can trust Wolf Law Solicitors.
The first step begins with an inquiry by phone or email to a Wirral Wills Solicitor at our firm. No question is too big or unreasonable to answer under our guidance and counsel.
We extend the invitation for you to contact us about the options you have and how you can protect yourself and your family. You can request a free initial assessment by calling 0151-317-3031 or sending us a message through our contact form.