Lasting Powers of Attorney – Tips for choosing an attorney

Organising lasting powers of attorney (LPA) provides invaluable peace of mind, ensuring your affairs are handled by trusted individuals in case you're unable to make decisions. Learn how to choose reliable attorneys who prioritize your best interests, including loved ones, friends, or professionals like solicitors. Effectively communicate your wishes regarding medical treatment, care preferences, and end-of-life decisions. Selecting multiple attorneys and keeping your LPA updated are crucial for comprehensive protection.

LPAsAmy Wood23 May 2023lasting power of attorney, LPA

Lasting Powers of Attorney: Acting As An Attorney

Curious about what it means to be an attorney through a lasting power of attorney (LPA)? This comprehensive guide explains the role of attorneys and the decision-making process once an LPA is registered. Whether it's a health and welfare or property and financial affairs LPA, find out how you can assist the donor in making choices while considering their best interests. Learn about specific instructions within an LPA and the significance of appointing reserve attorneys.

LPAsAmy Wood23 May 2023lasting power of attorney, LPA

[Video] A Quick Guide to Lasting Powers of Attorney

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A lasting power of attorney (LPA) is a document by which one person (the “donor”) gives another person (the “attorney”) the power to act on their behalf and in their name.

There are two types of LPA – health and welfare and property and financial affairs. Without an LPA, no one is permitted to make decisions in your best interest should you become unable to make decisions for yourself.

Here's our quick guide to lasting powers of attorney.

It's never too early to organise lasting powers of attorney. As independent financial advisers, we can help you and your loved ones to organise lasting powers of attorney. Call 0117 3636 212 or email office@haroldstephens.co.uk to book a free consultation.

LPAsAmy Wood6 February 2023video, financial planning video, lasting power of attorney

Enduring Power of Attorney (EPA) vs Lasting Power of Attorney (LPA)

A power of attorney is a document by which one person (the “donor”) gives another person (the “attorney”) the power to act on their behalf and in their name.

Lasting Powers of Attorney (LPAs) were introduced in 2007 by the Mental Capacity Act and replaced the old system of enduring powers of attorney (EPAs). Like the EPA, the LPA remains effective after the donor loses mental capacity. There are a few very important differences between the two.

Vulnerability, Investments, Long Term CareVictoria Vyce19 July 2022LPA, EPA, lasting power of attorney

Do You Know The Role Of An Attorney?

When a person makes a power of attorney (POA), they appoint someone else to act on their behalf. The person making the power of attorney is called a donor and the person appointed to act on their behalf is called an attorney.

The role of an attorney is complex and there are risks. Make sure you are aware of your responsibilities before agreeing and know where to seek help if it is needed.