Call Trudy Rogers on 01635 569670 | Email: info@rogers-legal.co.uk
Powers of Attorney
Lasting Powers of Attorney (LPAs) - Financial Affairs
The Donor must have mental capacity to understand the document and the powers that he/she is giving to the Attorney(s).
The Donor can appoint up to four Attorneys who must each be over the age of 18 years and cannot be bankrupts. Ideally the Donor appoints first Attorney(s) and then replacement Attorney(s) to step in if the first Attorney(s) are unable to act. Attorneys can be appointed jointly or jointly and separately.
It is quite common for partners to appoint each other as first Attorneys and then appoint children as replacement Attorneys.
LPAs must be registered with the Office of the Public Guardian before the Attorney(s) have any authority to act. The LPA for property and financial affairs can come into effect immediately once registered with the Office of the Public Guardian. The Attorney(s) can help the Donor or take over dealing with his/her affairs, whichever is required.
There are various powers, restrictions and conditions that can be added to the LPA document to assist or protect the Donor. The LPA document is to help the Donor and should be tailored to particular circumstances and situations.
Please contact Trudy Rogers on 01635 569670 or email on Trudy.Rogers@rogers-legal.co.uk for further information.
