Property And Affairs Lasting Power Of Attorney

Hello, my name is Adrian Chambers and I am a solicitor who specialises in creating and advising on Powers of Attorney.

I can offer a low cost legal service and aim to sort everything all out for you quickly and easily. Property and Affairs Power of Attorney is the most common one used and it gives you peace of mind should you ever need someone else to look after your affairs.

If you’re thinking about making a Power of Attorney, contact us via telephone on Corby 01536 276300 or Kettering 01536 311690 or use our online contact form.

A person may at some stage in their life struggle to deal with their property and financial affairs either due to physical or mental difficulties. Physical reasons include struggling to carry out certain tasks such as walking any distance, talking over the phone or being hard of hearing. This can include being out of the country for periods of time and authorising someone to take care of your finances.

Mental reasons could include a person becoming forgetful and not remembering things so easily or becoming confused with certain matters. They might even develop problems such as Alzheimer’s or some other mental illness and could therefore possibly lose their mental capacity.

It should be noted that it is more difficult to create a Lasting Power of Attorney should your current mental capacity deteriorate and likely to be challenged. It is always advised to prepare for this outcome and make a Lasting Power of Attorney in advance.

What A Property And Affairs Lasting Power Of Attorney Can Deal With

A Property and Affairs Lasting Power of Attorney can deal with all aspects of a person’s financial affairs including handling their bank accounts and savings, buying and selling property (including their home), paying bills including care home fees, closing down and winding up a business.

What A Property And Affairs Lasting Power Of Attorney Cannot Deal With

Property and Affairs Lasting Power of Attorney cannot apply to various matters including the following:

Personal welfare decisions

– Making gifts

– Making a will

– Consent to marriage or divorce.

If you require a legal document to apply to any of the above matters, please contact us for more specific advice.

Using A Property And Affairs Lasting Power Of Attorney

An Attorney cannot act or use a Donor’s Property and Affairs Lasting Power of Attorney until it has been registered with the Office of the Public Guardian. This is done to protect the Donor and ensure that it is not being made under duress.

A Lasting Power of Attorney can only be used in accordance with the terms and conditions that the Donor has imposed within. A Donor can specify a number of restrictions to be included in the Lasting Power of Attorney. If you have any particular requirements, please do not hesitate to contact us and we can clarify the legal position for you.

Drafting

We can discuss your requirements and let you know the best way to proceed forward. We will advise whether it is more appropriate to have a Property and Affairs Lasting Power of Attorney or a Health and Welfare Lasting Power of Attorney, or even both.

You can leave the matter with us and after obtaining the relevant information we will draft the necessary forms and send them to the Office of the Public Guardian. We will answer any queries you have in relation to the Power of Attorney and ensure that you understand what is happening and keep you updated with the progress.

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Maureen Brown – Power Of Attorney – Seatons Solicitors

Adrian Chambers - Seatons Solicitors

Power Of Attorney Specialists

Hello, my name is Adrian Chambers and I am a solicitor who specialises in creating and advising on Powers of Attorney.

I can offer a low cost legal service and aim to sort everything all out for you quickly and easily. Property and Affairs Power of Attorney is the most common one used and it gives you peace of mind should you ever need someone else to look after your affairs.

If you’re thinking about making a Power of Attorney, contact us via telephone on Corby 01536 276300 or use our online contact form.

Latest Articles On Powers Of Attorney

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The wisdom of entrusting your financial affairs to loved ones in the event of illness was thrown seriously into doubt by one High Court case in which a 95-year-old dementia sufferer was let down by a dishonest and stingy relative.

Powers of Attorney Can Be Abused – Appoint a Professional!

It may seem tempting to choose a loved one to manage your affairs if you lose the ability to make decisions for yourself.
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