Understanding Powers of Attorney
At Ally Randall Solicitors, we understand that life can be unpredictable. Planning for the future, especially concerning your health and finances, is vital. Our services ensure you have a reliable Power of Attorney in place, empowering the right person to make decisions on your behalf when you can’t. We're based in Northwood and cover a 10-mile radius that includes Rickmansworth, Watford, Harrow and Pinner - enquire now.
What is a Lasting Power of Attorney?
A Lasting Power of Attorney (LPA) is a legal document registered with the Office of the Public Guardian. It allows you, the Donor, to designate one or more individuals (the Attorneys) to make crucial decisions on your behalf if you become incapacitated. Establishing an LPA ensures that your affairs are managed according to your wishes during challenging times, countering the common misconception that family or friends have automatic authority to handle your matters. If you're based in the area, our team at Ally Randall Solicitors can provide that service for you.
Types of Lasting Powers of Attorney
There are two primary types of LPAs, each serving distinct purposes:
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Property & Financial Affairs LPA:
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Manages your financial matters, including:
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Paying bills
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Collecting benefits or income
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Selling property (subject to conditions)
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Health & Welfare Decisions LPA:
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Authorises decisions about your health and well-being, such as:
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Living arrangements
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Consent or refusal of medical treatment
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Day-to-day choices regarding diet and routine
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Responsibilities of an Attorney
The role of an Attorney carries significant responsibilities. It is essential to choose someone you trust to act in your best interest. Before registration, clearly outlining the powers and directions you wish to grant your Attorney is crucial. This ensures they understand their responsibilities and how to make decisions that align with your preferences.
Consequences of Not Having an LPA
Failing to establish an LPA can lead to complicated legal processes if you become incapacitated. The potential consequences include:
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Time-consuming:
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The process of applying to the Court of Protection to appoint a Deputy can take several months.
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Costly:
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This procedure often incurs significant expenses that could have been avoided with an LPA in place.
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Court oversight:
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Any decision-making is delayed until a Deputy is appointed, leaving your affairs unaddressed during critical times.
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Secure your future and set up a Lasting Power of Attorney with Ally Randall Solicitors. Enquire now on 020 8152 8737 or fill out our contact form to get started