A Lasting Power of Attorney (LPA) is a crucial legal document that allows you to appoint trusted individuals to manage your financial or welfare affairs should you become unable to do so due to illness or mental incapacity.
Unlike an ordinary power of attorney, an LPA remains valid even if you lose the mental capacity to manage your affairs, ensuring that your financial and personal interests are protected.
Our team work with you to put LPAs in place that ensure your interests are protected.
Our decisions when making an LPA
There are several important decisions to make when creating an LPA, which is why we have designed a simple and concise checklist and instruction form to help guide you through the process:
- Who to appoint as your attorney: You need to choose one or more people to act on your behalf. You may also appoint a replacement attorney in case the original person is unable or unwilling to act.
- Whether attorneys act together or independently: If you appoint more than one attorney, you need to decide if they will act together, together and independently, or together for some decisions and independently for others.
- Restrictions and conditions: You may wish to place specific conditions or restrictions on the decisions your attorneys can make or set certain circumstances under which the LPA can be used.