A Lasting Power of Attorney (“LPA”) is a legal document in which you can appoint people you trust to act as your attorney(s) to manage your affairs in the event that you lose the mental capacity to do so yourself.
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There are two different types of LPA:
- Property and Financial Affairs – under this document, your attorneys have authority to assist with managing any property you own and your financial affairs, such as bank accounts and investments. It is important that this document is prepared correctly to ensure that your attorneys have the authority they require to manage your affairs effectively.
- Health and Welfare – under the document, your attorneys have authority to make decisions on your behalf (when you are not able to do so yourself) in respect of your health and any care you receive. This can include any medication a doctor would like to prescribe you or the placement of you in a care home. Again, you can include instructions and preferences in this document to ensure that your attorneys are aware of your wishes in respect of the care you receive. We would provide you with advice and guidance in relation to the wishes you may want and can advise on whether these should be included in the LPA or whether a separate Letter of Wishes would be more appropriate to ensure that your attorneys are fully informed. You can also authorise your attorneys to consent to or refuse life sustaining treatment on your behalf in this document.
For further information, please visit our LPA Expertise section.
If you would like any advice on LPAs, EPAs or General Powers of Attorney or if you would like us to prepare any documentation for you, please contact Stephanie Parish on 0113 336 3355 or at email@example.com
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