Lasting Powers of Attorney
Many of us worry that as we grow older we may become ill and unable to deal with our own affairs. Should this happen to you then your family would be left with a distressing problem, the only solution to which is lengthy and expensive proceedings in the Court of Protection.
To avoid this happening and to ensure peace of mind for yourself and your family we recommend that you make a Lasting Power of Attorney.
An LPA is a legal document which allows a person (the Donor) to give someone else (the Attorney) authority to make decisions about the Donor’s property and financial affairs and/or health and welfare.
Woodfines took the greatest care to understand and define with me what it was I needed, and then to ensure it was carried into effect efficiently.
There are two types of LPA...
A Property and Affairs LPA enables an attorney to make decisions about the Donor’s property and financial affairs. These might include:
- Buying or selling property
- Operating a bank or building society account
- Managing Investments
- Claiming benefits
- Paying household expenses
- Paying residential or nursing home fees.
A Health and Welfare LPA allows an attorney to make decisions about the Donor’s personal welfare if the time comes where they are unable to make decisions for themselves. These decisions may be about:
- Where the Donor lives
- The Donor’s daily care
- Arranging for dental treatment
- Consenting to or refusing medical treatment
- Access to the Donor’s medical records
- Overseeing medical and mental assessments.
An LPA is therefore a very important part of planning for the future. The time may come when we need a helping hand to make those decisions that were once commonplace. Having an LPA in place makes that process so much easier and less stressful.
Some key points
- A person must fully understand what an LPA involves before being able to make one
- To confirm that this is the case, an independent person must sign a certificate of understanding
- Before it can be used an LPA must be registered at the Office of the Public Guardian
- If a person has an Enduring Power of Attorney created before 1st October 2007 then this remains valid and can continue to be used.
How can we help?
At Woodfines we can:
- Take you through the process of making an LPA
- Prepare the LPA for you
- Act as your attorney, either alone or jointly with a family member or close friend
- Sign the certificate of understanding
- Register your LPA with the Office of the Public Guardian.
By making an LPA now you can lighten the burden on family and carers who may otherwise find themselves unable to make decisions on your behalf. It will provide you with peace of mind that your future wellbeing is in safe hands.
Find out more
For more information, download our Lasting Powers of Attorney fact sheet.