Lasting Power of Attorney
Speaking about the importance of making a Lasting Power of Attorney, the head of Wills, Trusts and Probate department, Colin commented:
Life can take an unexpected turn due to accident, injury or even illnesses such as Alzheimer’s or Dementia no matter your age or your status. It is vital to have a legally binding Lasting Power of Attorney in place to protect you and enable those that you trust to make decisions on your behalf when you can longer do so.
Q. Why is important for me to have an LPA in place?
A. Making a Lasting Power of Attorney and planning for your future ensures that you will be taken care of no matter if your life takes an unexpected turn.
Once you lose the ability to understand Powers of Attorney, it’s already too late to register your wishes by law and you have lost your chance to do so.
A Lasting Power of Attorney is way to protect yourself and your assets if anything changes suddenly and you are unable to make decisions for yourself.
You can plan your future in advance and appoint people that you trust to make decisions on your behalf when you are no longer able to. If you do not have a trusted person, Liverpool Legal can appoint a solicitor to act as your Attorney.
We will guide you through the process of choosing a Lasting Power of Attorney that is appropriate for you.
Lasting Power of Attorney (Property and Financial Affairs)
This type of LPA gives your attorney(s) authority to assist with matters such as managing your bank accounts and investments, collecting benefits and pensions, and buying and selling property on your behalf.
The Lasting Power of Attorney for Property and Financial Affairs can be used while you still have mental capacity such as if you have problems with your mobility or just want to be able to have someone you trust look after your property of certain of your financial affairs with your permission.
Lasting Power of Attorney (Health and Welfare)
Whilst this type of LPA allows your attorney(s) to make decisions about the type of medical treatment and care services you receive, whether you move into a residential care home and, if you wish, decisions about giving or refusing consent to life-sustaining treatment.
|An individual Health and Welfare Lasting Power of Attorney||£250.00 & VAT plus disbursements|
|An individual Property and Finance Lasting Power of Attorney||£250.00 & VAT plus disbursements|
|An LPA pack for an individual [includes a one Health and Welfare LPA and one Property and Finance LPA.||£350.00 & VAT plus disbursements|
|An LPA pack for two people [includes two Health and Welfare LPA and two Property and Finance LPA]||£450.00 & VAT plus disbursements|