Lasting Powers of Attorney – Tips for choosing an attorney

Organising lasting powers of attorney (LPA) can give you peace of mind knowing that your affairs will be managed by someone you trust if you become unable to make decisions for yourself. Selecting the right attorney(s) and communicating your wishes effectively are crucial steps in the process.

Pick someone you trust

When selecting an attorney, choose someone you trust absolutely to make decisions in your best interests. This could be a loved one, friend, or a professional such as a solicitor. It's important to pick people that you consider to be responsible, reliable and trustworthy. They should also appreciate your values and preferences.

Communicate your wishes clearly

When you have chosen your attorney(s), it’s vital to be very clear with them about your wishes. Be specific about what decisions they are authorised to make and provide clear instructions on how you would like your affairs to be managed. Ensure you discuss how you would like to be medically treated, care preferences, and end-of-life decisions. The more conversations you can have, the better. Written instructions can leave less room for error.

Choose more than one attorney

Consider selecting a minimum of two attorneys with ‘reserve’ options in case your attorney(s) become unable or unwilling to act. Attorneys can act jointly or severally, depending on your preferences. If you choose joint attorneys, they must agree on decisions. This can be the more time-consuming option but may provide greater protection against potential abuse.

Keep your LPA up to date

Review your LPA regularly and update it as necessary to ensure it reflects your current wishes and circumstances. Remember, it must be registered with the Office of the Public Guardian to be used.

As award-winning vulnerable customer champions, we’re well-placed to help you plan to prepare for the future, whatever that may hold. We can help to organise Wills and LPAs and also help to guide attorneys to ensure they are supported in making financial decisions in your best interests.

If you would like to have a relaxed chat about your financial circumstances, book your seminar place, or to arrange Wills or LPAs, please don’t hesitate to get in touch. Call 0117 3636 212 or email office@haroldstephens.co.uk.