A Power of Attorney is a legal document where a person gives another person or persons (the Attorneys) power to sign and conduct legal formalities and make other decisions on their behalf. From 1 October 2007 this is called a Lasting Power of Attorney.
There are two types of Lasting Powers of Attorney:-
A Power of Attorney is an important document and you should take great care in choosing your Attorneys. They should be trustworthy and have applicable skills to make the decisions that you are entrusting to them. You can appoint more than one Attorney to act together or separately and can also choose a successor Attorney if your first choice dies or otherwise cannot act for you.
There are formalities to the completion of a Lasting Power of Attorney and they must be signed by you and your Attorney and witnessed in a particular order. In addition someone else must certify that you understand the nature and scope of the Lasting Power of Attorney and have not been unduly pressured in to make the power.
The Lasting Power of Attorney must then be registered with the Office of Public Guardian before it can be used. A Property & Affairs Lasting Power of Attorney can be used before you lose the mental ability to deal with your own finances but also if you lack the capacity to make financial decision yourself. A Health & Welfare Lasting Power of Attorney can only be used if you lack mental capacity to make welfare or medical decisions.
Existing Enduring Powers of Attorney made before 1 October 2007 will continue to be valid but only apply to your property and affairs. If you wish someone to have authority over your health or welfare you will need to make a Health & Welfare Lasting Power of Attorney.
For more information on costs please click here.
Please telephone the following contact numbers to arrange an appointment if you would like to talk to one of our East Sussex solicitors:
Eastbourne 01323 727321
Hailsham 01323 841481
Polegate 01323 487051
Meads 01323 407577