Power Of Attorney | News & Articles

The Hidden Dilemmas Of A Do-It-Yourself Lasting Power Of Attorney

Creating a Lasting Power of Attorney (LPA) on your own might seem like a way to save money, but it can be tricky. Let’s talk about the problems you could face and how we can help you.

What Is A Power Of Attorney?

A Power of Attorney (POA) is a legal document in the UK that allows an individual to appoint someone they trust to make decisions on their behalf if they become unable to do so.

A Lasting Power of Attorney (LPA) is a legal document that allows someone else, known as an Attorney, to make decisions on your behalf in the event that you are no longer able to make decisions for yourself.

Lasting Powers of Attorney – It Makes Sense to Appoint a Professional

Granting a lasting power of attorney (LPA) is an invaluable means by which you can ensure that your affairs will be managed by someone you trust in the event that you lose the ability to look after yourself.

Enduring Power of Attorney – Why Using a Professional Makes Sense

When someone is unable to manage their financial affairs an Enduring Power of Attorney is a useful tool to enable someone else to take over this responsibility.

Court Rules On Inheritance

Attorneys have a duty to act in the best interests of the Donor (person who gave them the Power to act as Attorney). This includes only making gifts which the Donor would ordinarily have made for seasonal purposes and only then with regard to the Donor’s funds at the time.

Court Decides True Wishes of Pensioner in Minimally Conscious State

In a minimally conscious state, a 72-year-old woman was unable to tell anyone what she wanted in terms of medical treatment or intervention, this left the court to decide on her behalf, taking into account what she might have wanted.

Power of Attorney – The Importance of Getting it Right

A Power of Attorney is a useful method protection if you become unable to deal with financial matters yourself. However, nominating a loved one to take on this responsibility may not always be the best option, it may be wiser to use a good lawyer instead as the following case demonstrates.

Powers of Attorney – This Is Why You Should Appoint an Independent Solicitor!

A case in which a son abused his power of attorney to squander £230,000 of his frail mother’s money underlined the wisdom of employing an experienced lawyer – rather than a loved one – to manage your finances if you lose the ability to do so yourself.