| Lasting Power of Attorney |
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As you get older, it is quite possible that you will become unable to handle your property and/or monetary affairs. At this time, you will need someone to act on your behalf and take care of your assets. You can appoint a person/s to be the holder of Lasting Power of Attorney (LPA) which grants them the legal rights to make decisions on your behalf.
An LPA is a legal deed allowing you to appoint a trustworthy person as an attorney to look after your financial affairs and other assets. An LPA is a legal deed, so you will require the assistance and guidance of a solicitor to ensure you make the correct decisions regarding your LPA
Our experienced and qualified solicitors can assist you with the registration of LPA and can also provide you with advice on how to carry out the entire procedure.
There are generally two types of LPA, a personal welfare LPA and a property and affairs LPA. The former allows you to appoint someone to take care of your health and your welfare, whilst the latter allows you to appoint someone to manage and take care of your property. Depending upon your needs and suitability, you can choose either of them.
It is advisable to choose more than one individual for the LPA. It is also wise to choose someone whom you completely trust as your attorney. This prevents the misuse of responsibility and will help you meet your needs.
Assigning an attorney can be a complex task so it is wise to use the advice of our solicitors prior to preparing your LPA. If you would like to discuss LPAs with us, please cal us on 01562 514879, email
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or contact us using the contacts page of our website.
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