Power of Attorney (POA) is a legal document that allows you to appoint someone you trust to make decisions on your behalf if you become unable to do so. In the UK, there are different types of POAs, each serving specific purposes.
Power of Attorney is an essential tool for future planning, providing peace of mind that your affairs will be managed in line with your wishes if you become unable to make decisions for yourself. It’s important to seek professional advice when setting up a POA to ensure it meets your unique needs and complies with current UK legislation.
Types of Power of Attorney
Key Features of LPAs
Setting Up a Power of Attorney
Writing a Will is a vital part of an estate planning that safeguards individuals’ property and their intent. However, we are here to assist you any time that you may feel overwhelmed by this process, please do not hesitate to contact us for assistance. It is worth taking time to prepare a solid will since this relieves you of the burden and assures you that your property is well managed and your family is well taken care of.
It’s advisable to set up a POA while you have mental capacity, as a precautionary measure for the future.
You can appoint multiple attorneys and tell them how they should make decisions (jointly or independently).
An LPA remains valid until cancelled, all attorneys are unable to act, or the donor passes away.
Yes, you can specify limitations or conditions in the LPA document.
If you lose mental capacity without an LPA, someone may have to apply to the Court of Protection to become your deputy.
Yes, you can cancel (revoke) your LPA at any time, provided you have mental capacity.
No, you retain control while you have mental capacity. The LPA only comes into effect when you choose or when you lose capacity.
The government says it can take up to 20 weeks to register an LPA
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