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Lasting Powers of Attorney

What if I am unable to manage my affairs?

There may come a time in your life when you are unable to manage your financial affairs or personalwelfare, owning to some form of incapacity and you will need someone to act on your behalf.

Even when we are young, we can find ourselves incapacitated owing to illness or injury and it can be invaluable having a reliable person, who is able to manage your personal affairs and remove the anxiety of having unpaid bills, at a time when you most need peace of mind.

Similarly as we get older, the need for an attorney increases as we are more prone to illness and injuries.

Creating an Attorney in advance, ensures that if the worst were to happe, you can rest assured that both your financial affairs and personal welfare are in safe hands.

So who do I choose?

You can appoint a friend, relative, or a professional as your Attorney, This allows them to act on your behalf.

It is important that you choose who you would like to act on your behalf very carefully, You should choose people you can trust to act in your best interests, giving consideration to how they manage their own affairs. It is always a good idea to appoint more than one Attorney to ensure that this power is not abused.

What has replaced Enduring Powers of Attorney?

These have been replaced with three different documents:

  • A Lasting Power of Attorney (LPA) for property and Financial Affairs
  • A Lasting Power of Attorney (LPA) for Health and Welfare
  • A General Power of Attorney

Please note these Powers are only applicable to England & Wales.