13 Mar 2020
Wills & Probate
In order to answer this question, it would be best to first explain what a Lasting Power of Attorney (LPA) is. An LPA is a legal document which allows you to decide who would make decisions on your behalf if you become unable to make them. There are two types of LPAs: one covers decisions regarding your property and financial affairs and the other covers decisions regarding your health and care.
Your Will only comes into effect when you pass away. In your Will you usually appoint Executors and Trustees to act on behalf of your estate but their authority only takes effect when you die. You cannot appoint an Attorney in your Will. Therefore, the best way to give someone you trust authority to act on your behalf whilst you are alive, would be to make a Power of Attorney.
Under an LPA:
To obtain tailored information specific to your circumstances please call our Newport office on 01633 244233 or our Cardiff office on 02922 676818 to arrange your first free 20 minutes consultation or email [email@example.com.] If you then wish to proceed with making your Lasting Power of Attorney, we will send you a letter of engagement which provides a clear explanation of our costs and the likely timescale. In order to be used, the Lasting Power of Attorney needs to be registered with the Office of the Public Guardian and we also prepare and submit the application for registration for you.
Until the 31 May 2020 the firm is offering 10% off our standard fixed fees for LPAs – please quote ‘LPSSPRING20W’.*
The above provides general information on the law in England and Wales as at 9 March 2020 and is not a substitute for obtaining your own legal advice.
*Terms and conditions apply.
Harding Evans is a trading name of Harding Evans LLP, a limited liability partnership, registered in England & Wales (registered number: OC311802), authorised and regulated by the Solicitors Regulation Authority (SRA number: 419663).