What is a Lasting Power of Attorney?
A Lasting Power of Attorney is a legal document. It allows you to appoint someone that you trust as an ‘attorney’ to make decisions on your behalf. Attorneys can make decisions for you when you no longer wish to or when you lack the mental capacity to do so.
A Lasting Power of Attorney cannot be used until it is registered with the Office of the Public Guardian.
The role of attorney involves a great deal of power and responsibility, so make sure you think carefully about who you choose. You must be able to trust them to make decisions in your best interests.
How we can help
If the Lasting Power that you have created does not contain any restrictions we will be able to help you make decisions regarding any or all of your property and financial affairs. We will encourage you to make any decisions for yourself but will be on hand to help when it is required.
The things we can help with include the following:
• Opening, closing or operating any bank, building society or other account
• Buying or selling property
• Claiming, receiving and using (on your behalf) all benefits, pensions, allowances and rebates
• Receive any income, inheritance or other entitlement and ensure it is used in your best interests
• Deal with your tax affairs
• Pay your mortgage or rent and household expenses
• Insure, maintain and repair your property
• Invest your savings to achieve the best return
• Make gifts to your family and friends for birthdays, weddings and at Christmas or continue making gifts to a charity that you regularly donate to
• Pay for private medical care and residential or nursing home fees
• Apply for any entitlement to funding for NHS care, social care or adaptations
• Obtain any equipment or other help you may need
• Repay the interest and capital on any loan you have taken out
Although this is not a complete list a general Property and Affairs LPA will allow the attorney to carry out any or all of the actions above.