An individual (the “donor”) may appoint one or more dependable people (the “attorneys”) to act on their behalf in the event that they become unable of doing so themselves due to mental or physical disability by using a Lasting Power of Attorney (LPA).
There are two different kinds of LPAs: one for health and welfare and one for property and financial issues.
The solicitor has the power to make decisions regarding the donor’s property, money, and financial affairs thanks to an LPA for property and financial affairs. This can involve handling finances such as bill payment, investment management, purchasing or selling real estate, and pension or benefit payments.
An LPA for health and welfare gives the solicitor the power to determine the donor’s personal welfare, including their place of residence, their medical care, and their level of daily care.
Only once an LPA has been registered with the Office of the Public Guardian and while the donor is still capable of making decisions may it be used.
It is important to note that anyone can create an LPA, and it is a good idea to do so while you are still mentally capable. It is also critical to select attorneys you can trust, as they will have significant power over your affairs if the LPA is ever activated. It is always recommended to consult a lawyer or a professional service provider for guidance on how to make and register an LPA.