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Top questions about Power of Attorney
What is Power of Attorney and why do I need it?
A 'Power of Attorney' is a legal document that allows people you trust to make health and financial decisions when you no longer can.
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How can I set up Power of Attorney in the UK?
Power of Attorney can be complicated to set up. At Provision Legal, we help you through the process, legal jargon and set up all the paperwork so you don't have to.
What are the different types of Power of Attorney?
There are THREE types of Power of Attorney.
- Health & Welfare - This type of LPA empowers your attorneys to make personal and medical decisions for you if you're incapaciated.
- Property & Financial Affairs - This type of LPA allows your attorneys to manage your finances, including bills, accounts and selling your home.
- Business & Corporate - This type of LPA allows your attorneys to manage your business and corporate affairs if you no longer have mental capacity.
Who can I appoint as my attorney and what qualities should they possess?
You should choose someone -
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That knows you well.
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That you trust to make decisions on your behalf.
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That is reliable and has the skills to carry out the role.
You can choose anyone you want to be your attorney, as long as they are over 18 years of age and have mental capacity.
For Property & Financial LPA, your attorney cannot be bankrupt.
Consider what an attorney has to do before making your choice and choose someone you trust who will act in your best interests.
Can Power of Attorney be revoked or changed?
You can revoke a Power of Attorney at any given time, as long as you have mental capacity.
How does Power of Attorney come into effect?
A Property & Financial Affairs LPA is effective upon registration and can be used before mental capacity is lost.
It's not possible to use a Health & Welfare LPA until the person who made the LPA has lost their mental capacity. The LPA must be registered before it is used.
What is the cost of setting up Power of Attorney?
Prices vary depending on what type of LPA you require. You can view our prices for more details.