Power of Attorney solicitors in Barnstaple
A Lasting Power of Attorney is a document that enables someone to nominate a person (or people) they trust as their attorney. An attorney has the power to look after their affairs if they lose capacity and become unable to do so themselves.
LPAs enable many of the problems that can arise when someone dies without planning ahead to be avoided and can result in considerable financial savings. We have published a short article here explaining some of the benefits of making an LPA.
The two types of Lasting Power of Attorney are:
1. Personal Welfare LPAs
2. Property and Affairs LPAs
The Personal Welfare LPA gives the attorney the power to make decisions about your health and welfare, while the Property and Affairs LPA gives the attorney the power to manage your financial affairs and property.
While you can prepare a Lasting Power of Attorney yourself, we recommend that you consult a solicitor. Our Power of Attorney solicitors in Barnstaple will ensure that all formalities are properly completed and will deal with the necessary paperwork. We will also act as the “Certificate Provider”, confirming that you understand what you are signing and that you are not being influenced by anyone.
We can arrange for specified family members or friends to be notified if the LPA is ever registered.
We can also act as a professional attorney where extra safeguards are required.
For information on the cost of making an LPA click here.
So, if you would like to make a Lasting Power of Attorney then call us on 0333 888 0404 or send us an email.