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Lasting Powers of Attorney  
A Lasting Power of Attorney ('LPA') allows you to nominate a person who will help to manage your affairs or take decisions for you should you become incapable of doing so or in certain cases simply because it makes life easier for you.
If you were to become incapable of managing your affairs - perhaps due to the onset of dementia - without having an LPA in place your loved ones would have to undertake a lengthy and costly application to the Court of Protection before they were able to help with managing your affairs. There are two types of LPA:
  • Property and Affairs LPA's - dealing with financial matters which will allow your attorney to operate your bank accounts and to take decisions relating to your property.
  • Personal Welfare LPA's - dealing with medical and welfare matters which allow your attorney to take decisions relating to your healthcare and living arrangements in the event that you lose your mental capacity.

An LPA is a lengthy and complex document and it is important that you take expert advice to ensure that any appropriate restrictions are included and that it is properly registered with the Office of the Public Guardian (OPG).

For further advice please call us now on 01902 429051 or email cr @ rnwilliams.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2010, R N Williams & Co is the trading name of R N Williams & Co Ltd, company number 06115670, registered in England and Wales. All rights reserved. Registered Office address : 53 Waterloo Road, Wolverhampton, WV1 4QQ.

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