This is a document that enables you to appoint a person or persons with the legal authority to make decisions about your financial and personal affairs which can include guidance and instructions as to how they should act.
This document enables you to appoint attorneys to look after your financial affairs should you become no longer able or are lacking the mental capacity to do so. Some of these duties may include paying bills, operating bank accounts or buying and selling goods or property subject to any restriction you may have included in the LPA.
This document enables you to appoint attorneys to make decisions about where you should live and your day to day medical treatment should you become incapacitated; you can also include in the LPA what your express wishes would be under certain circumstances while receiving medical treatment.
The video shown on BBC’s One Show gives a brief overview of the financial impact and emotional turmoil that was added to Heather Bateman’s awful situation with her husband being hit by a car.
Without an LPA you can face great difficulties including losing control of the bank account in the name of the person who has lost capacity, this includes joint bank accounts!
For more information about Lasting Powers of Attorney, please visit our sister site at https://gplegal.co.uk/
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