What is a lasting power of attorney?
A Lasting Powers of Attorney is a way to plan ahead. It is a legal document that enables you to appoint someone to make decisions on your behalf to manage your finances which could include payment of bills; management of your bank accounts and your property in the future if you are unable to make those decisions yourself.
Anyone can become physically or mentally incapable as a result of illness or accident regardless of how old they are.
You are able to choose who will have authority to deal with your finances and property as well as make decisions about your health and welfare which could include decisions about where you live and your day-to-day care.
Without a Lasting Power of Attorney in order to authorise the appointment of a person to make the decisions on your behalf application to the Court of Protection will be required which is a complicated process and is costly.
Walker Solicitors is a trade name of Walker Solicitors Ltd. Registered in England (Company No: 9608224). Registered office: 209-212 Stafford Street, Walsall WS2 8DW. A list of members is available for inspection at this office. We use the word ‘partner’ to refer to a member of the company or an employee or consultant who is a solicitor with equivalent standing and qualification.