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Planning for later life isn’t something that everyone likes to think about, but ensuring that someone you trust has the legal power to make decisions in your best interests if you are no longer able to do so is an important consideration. If you lose the mental capacity to be able to make important decisions about your health, welfare or finances without having an existing Lasting Power of Attorney (LPA) in place it can make things very complex and difficult to organise, so it makes sense to take steps now that will make things more straightforward in the future.
Get in touch to find out more about Lasting Powers of Attorney by calling 0161 696 6238.
There are two types of Lasting Power of Attorney, which are:
Lasting Power of Attorney for health and welfare enables the nominated attorney (or attorneys, if there are several nominated people) to make decisions on behalf of, and in the best interests of, the individual (known as the donor) in relation to anything that relates to health and welfare only when you no longer have the capacity to do so yourself. This might include:
Someone you choose to make Lasting Power of Attorney health and care decisions for you should be:
Lasting Power of Attorney for property and financial affairs enables the attorney(s) to make decisions on behalf of the donor about issues such as:
This may include responsibilities such as using the donor’s money to pay for repairs on their home, do their food shopping.
If the property and financial affairs attorney is different to the person with Lasting Power of Attorney for health and welfare, they can discuss between them issues where there is crossover; for example, where decisions need to be made regarding living arrangements which have both financial and health and welfare implications should capacity be lost.
At Stephensons, we have a wealth of experience in assisting people set up legal documents like this and can offer expert Lasting Power of Attorney health and welfare guidance, along with financial and property attorney advice, to ensure things are done correctly and in accordance with your wishes.
Get in touch to find out more about Lasting Power of Attorney for health, welfare and finances by calling 0161 696 6238.
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