Lasting Powers of Attorney for Property & Affairs
A Lasting Powers of Attorney is a document that you sign while you are able. This instructs your attorney to help you make decisions with regards to your property and financial affairs should the need arise. You do not need to be mentally incapable of making such decisions for yourself. It may be that you just need some help such as:
- Buying or selling a property
- Opening, closing or operating any bank, building society or other account.
- Giving access to financial information.
- Claiming, receiving and using (on the Donor’s behalf) all benefits, pensions, allowances and rebates (unless the Department for Work and Pensions has already appointed someone and everyone is happy for this to continue)
- Receiving any income, inheritance or other entitlement on behalf of the donor
- Dealing with the Donor’s tax affairs
- Paying the Donor’s mortgage, rent and household expenses
- Insuring, maintaining and repairing the Donor’s property
- Investing the Donor’s savings
- Making limited gifts on the Donor’s behalf
- Paying for private medical care and residential care or nursing home fees
- Applying for any entitlement to funding for NHS care, social care or adaptations
- Using the Donor’s money to buy a vehicle or any equipment or other help they need
- Repaying interest and capital on any loan taken out by the Donor
The process of making this LPA includes a meeting with one of our Specialists to take your instructions and to guide you through the legal requirements of the forms. We can also advise you on options.
If you have a query or would like to book an appointment please get in touch with our First Contact team on 01256 320555 or email email@example.com.
Wills and Estate Planning Partner
Wills & Estate Planning Solicitor
Wills and Estate Planning Legal Executive