Inheritance & Welfare Solicitors at Slater and Gordon Lawyers are experts in all areas of Lasting Power of Attorney. For assistance call us 24/7 on freephone 0800 916 9056 or contact us and we will call you.
Without a Lasting Power of Attorney, if you lose the ability to manage your own affairs as a result of an accident or illness:
• Your spouse or partner will not be able to access your assets or manage your financial affairs and welfare needs
• Your family would have to apply to the Court of Protection to secure your benefits, arrange appropriate care and access insurance payments or pension benefits.
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Lasting Power of Attorney is a legal document which allows someone you trust to make decisions about such things as your health care or finances at a time when you lack the mental capacity to make those decisions yourself.
The person making the Lasting Power of Attorney is known as the Donor. The person that the Donor authorises to act on their behalf is known as the Attorney.
There are two different forms of Lasting Power of Attorneys that can be made. One deals with your property and financial affairs. The other deals with your health and personal welfare issues.
Property and Financial Affairs Lasting Power of Attorney
Under a Property and Financial affairs Lasting Power of Attorney, your Attorney can do anything in relation to your property and finances that you could do yourself, e.g. buy and sell property, manage your investments, open and close bank accounts, claim benefits and pensions and carry on your business.
Health and Welfare Lasting Power of Attorney
Under a Health and Welfare Lasting Power of Attorney, your Attorney can make decisions about social care issues and medical treatment, including life-sustaining treatment.
You can make one form of Lasting Power of Attorney without making the other.
You may choose more than one Attorney. If you choose more than one, you must decide if your Attorneys must always act together or whether they can also act independently of one another. You can also choose to appoint a replacement Attorney who will act if the initial Attorney is unable to or their appointment is revoked.
You can apply conditions and restrictions to the use of the Lasting Power of Attorney by your Attorney and you may also add guidance to your Attorney as to how you would want them to use the Lasting Power of Attorney.
The Office of the Public Guardian maintain a record of all registered Lasting Power of Attorneys.
Slater and Gordon’s team of Lasting Power of Attorney Solicitors can help you with the important decisions. They can make sure that your welfare is looked after should the day come when you can no longer make decisions for yourself.
Slater and Gordon Lawyers is one of the UK's largest and well known law firms with offices in London, Manchester, Liverpool, Chester, Birmingham, Sheffield, Cardiff, Edinburgh, Cambridge, Milton Keynes, Preston, Wakefield, Watford and Wrexham.