LPA Week: What is a Lasting Power of Attorney?
This week at Anthony Gold is Lasting Power of Attorney week. The aim of the week is to explain what LPA is and why it is important.
In today’s video Rachel explains what Lasting Power of Attorney is.
With the current pandemic a lot of us are spending more time at home than what we would normally do. As we have some extra time at the moment, it is really sensible for us to review our affairs and look at what we have in place for when we are no longer here but also what provision we have in place, should we not be able to handle our own affairs.
A Lasting Power of Attorney is something which can be put in place for your lifetime and it is a legal document which allows you ‘the donor’ to appoint one of more people to be your ‘attorneys’.
Your attorneys will be responsible for helping you make decisions or make them on your behalf should you lack mental capacity. An example would be if you were to have an accident or illness which means you no longer have mental capacity. Your attorneys will then step in.
By having a Lasting Power of Attorney it gives you control over who manages your affairs if you are not able to.
To make a Lasting Power of Attorney you must be at least 18 and have mental capacity.
Although our offices are currently closed, we are still very much open for business. If you wish to discuss the above please do get in touch and we shall be happy to assist.
*Disclaimer: The information on the Anthony Gold website is for general information only and reflects the position at the date of publication. It does not constitute legal advice and should not be treated as such. It is provided without any representations or warranties, express or implied.*