Will writing terminology you need to know
When thinking about a Will, Lasting Power of Attorney or Power of Attorney there are many terms which say seem confusing.
How Long Does A Lasting Power of Attorney Last?
When an individual (known as a donor) gives authority to another person to make decisions about their welfare and/or financial matters, this is correctly done through a Power of Attorney. The two main types are: General (or Ordinary) Power of Attorney; or Lasting Power of Attorney (LPA). I will discuss the General Power of [...]
MY MUM HAS DEMENTIA, DOES THAT MEAN SHE CAN’T PREPARE A LASTING POWER OF ATTORNEY?
It’s a sad fact of life that many of us should think about helping our loved ones organise a Lasting Power of Attorney (LPA). But what if your mum, for example, is diagnosed with dementia? Does this mean that she can’t prepare an LPA? You might be surprised to know that just because she is [...]
WHY DO I NEED A LASTING POWER OF ATTORNEY?
Lasting Powers of Attorney can make all the difference to your peace of mind if you are elderly as you may find it impossible to make your own decisions at some point in the future. When you have a Lasting Power of Attorney in place, you can rest assured that your appointed Attorneys will be [...]
BENEFITS OF A LASTING POWER OF ATTORNEY
If you're concerned about losing your mental capacity, preparing a Lasting Power of Attorney (LPA) will help reduce stress and worry. Here are some of the benefits of having an LPA. It's Your Choice You're in control over who handles the decisions about your health and finances - from big decisions, like selling your house [...]
Lasting Powers of Attorney – For you or for your loved ones?
I often find that the importance of preparing Lasting Powers of Attorney (LPAs) is not lost on people, but the urgency certainly is. Most people think that preparing their Will is more important. Some even think it is a case of either making their Wills or preparing LPAs. The fact of the matter is [...]
What rights does a Lasting Power of Attorney give you?
When someone (the Donor) creates a Lasting Power of Attorney (LPA) they are appointing someone they trust (the Attorney) to make decisions for them if they do not have the mental capacity to do so. Under a LPA, Attorneys have the legal rights to make decisions for the Donor about finance, property, care and treatment. [...]
How does a Lasting Power of Attorney work?
A Lasting Power of Attorney (‘LPA’) gives you (the ‘Donor’) the opportunity to choose who would manage your affairs, such as health, welfare, property and finances, if you are unable to. For example, after a major accident or illness that resulted in you not having the mental capacity to do so (the ability to make [...]