Power of Attorney
 

What is a Lasting Power of Attorney?

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 It's so important for you to think about your future. You can protect your family and your money by making a few simple steps. A Lasting Power of Attorney (LPA) is one of the key documents and this can be even more important than making a Will.

 

You can appoint somebody to make decisions on your behalf if you become incapable of managing your affairs. The LPA isn't just for older people and should be made at an early stage in your life such as when you own property, have savings, run a business or have children. The LPA can ensure that your family have an income and money available.

 

There are two main forms of LPA:

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• Property and Finance and

• Health & Care.

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Your chosen Attorney can then make critical decisions about your finances (such as paying your bills, collecting benefits or pension, dealing with your bank) or your healthcare (e.g. medical treatment, social care, help at home). 

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You can choose to make either, or both, forms of LPA with us at Calon Law and we will guide you through your options. 

The LPA can often help to relieve a great deal of stress for your loved ones at an already difficult time. It can help to protect your family by saving money, time and expense, easing cashflow and avoiding any family arguments. You can choose your trusted attorneys to act for you and you can exclude any people that you do not wish to act and perhaps you do not trust. The LPA will allow your attorneys more flexibility to assist you with your finances. You can entrust your finances to a family member or trusted friend or to somebody more independent and impartial such as a professional.

 

The LPA is especially useful if you lose capacity to act at any time in the future. It can be used to make things easier for the family in cases of Alzheimer's disease, dementia or any other illnesses. Please contact us for expert advice on your personal position. 

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We can also help with:

• Registering an Enduring Power of Attorney or LPA with the Office of the Public Guardian

• Cancelling an Enduring Power of Attorney (EPA) or LPA 

• Preparation of a General Power of Attorney

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Charlene has 20 years experience advising on Power of Attorney matters and has practiced in this area since 2004. Please contact us today for specialist advice and we will be happy to answer any questions.