Should you lose your ability to make decisions, your money and assets could be taken care of if you’ve set up a Lasting Power of Attorney (LPA). We can help.
According to government figures, less than 1% of the population has lasting power of attorney in place, so someone can make decisions for them if they’re ever unable to.
However, you may not always be able to deal with your own affairs – for example if you ever develop dementia, or should you become seriously injured and suffer brain damage.
If these things were to happen, you would have no way to be sure the decisions being made about you, and things such as your bank account, were in your best interest.
Giving lasting power of attorney over some or all of your affairs to a loved one may be the answer. If you would like more information about that, or what’s known as ordinary power of attorney, the specialist solicitors at First4lawyers are here to help.
Power of attorney is the legal power to deal with another person’s personal and/or financial affairs. There are two types: 'ordinary’ and 'lasting’.
We must face up to the prospect of becoming unable to decide things for ourselves due to mental or physical incapacity, whether brought on by old age, an accident, or illness.
Power of attorney can help in times of mental incapacity – but also in other circumstances such as being in a different country for an extended period of time – by giving a person you trust the power to act on your behalf.
Whether you want to make an accident and injury claim, or need a solicitor for personal or business law matters - our friendly team are here to help, 24/7.
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With the help of a solicitor, you’ll need to follow the steps below to set up power of attorney.
You should begin by getting in touch with solicitors who are trained in the law surrounding power of attorney.
At First4Lawyers, we can assign specialists to give you all the help and advice you need.
Learn about this area of law and what you need to know: