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The Will Writing Company
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Lasting Power of Attorney
Empowering Your Loved Ones to Make Decisions on Your Behalf
A Lasting Power of Attorney ensures that important decisions remain in the hands of individuals you have faith in, should you become unable to make certain choices.
There exist two distinct types of Lasting Power of Attorney:
Health and welfare decisions
A Lasting Power of Attorney for health and welfare empowers individuals to make choices regarding various aspects of your well-being, such as:
Your daily routine, including tasks like bathing, dressing, and eating.
Acting as your voice when communicating with healthcare professionals.
Medical treatment and care decisions.
The possibility of transitioning to a care facility.
Determining life-sustaining treatments.
This document is applied for and registered in the present but is solely utilised if you find yourself unable to make your own decisions in the future.
Financial Decisions
A Lasting Power of Attorney for finances and property grants authority to a trusted individual to handle matters related to your financial assets and property. This includes responsibilities such as:
Settling bills and financial obligations.
Managing bank or building society accounts.
Administering benefit payments or pensions.
Overseeing property transactions, including the sale of your home.
This document is applied for and registered in the present but is solely utilised if you find yourself unable to make your own decisions in the future.
The 1-Minute Summary
Contrary to the misconception, close family or friends cannot automatically make decisions for you when needed.
Even your next of kin lacks the authority without a Lasting Power of Attorney.
A Lasting Power of Attorney empowers someone you trust to step in quickly, easily, and legally.
You retain control by specifying WHO can advocate for you, WHEN they can do so, and WHAT they can communicate.
Without a Lasting Power of Attorney, joint bank accounts could be at risk of freezing.
It extends beyond finances; your health and care choices also require protection.
Applying through courts is neither easier nor cheaper; it's a process to be avoided when possible.
