A power of attorney protects you in the event that you are unable to manage your financial or welfare related affairs in the future.
There are two types of LPA, one relates to decisions about your property and financial affairs and the other is for decisions about your health and welfare.
Appointment as attorney
An attorney can be anyone that you trust to make these decisions for you. They do not need any special qualifications but they must be:
- 1) Over the age of 18
- 2) Financially solvent (not bankrupt or subject to a debt relief order)
What are the attorney’s duties?
If you lose mental capacity, the attorney will manage your property and affairs and make any decisions that you are unable to make. These could include:
- 1) Paying bills
- 2) Operating bank accounts
- 3) Making investment decisions
- 4) Selling property
Your health and welfare attorney will be responsible for a vast array of decisions if you are unable to make those decisions for yourself. These could include:
- 1) Providing consent for dental treatment
- 2) Deciding on how your care needs can best be met
- 3) Providing or refusing consent to life sustaining treatment
Contact me for an initial discussion to see how I can help you to plan for the future.
Frequently asked questions
Click here for answers to our most common questions