Power of Attorney

POWER OF ATTORNEY

According to official figures only less than 1% of people in the UK have a Lasting Power of Attorney.

This particular service that we provide isn't only for older people in poor health as unfortunately you can have an accident or illness at any age. It is important to setup a LPA whilst you are still of sound mind.

A LPA is a legal document in which you appoint someone you trust to look after your affairs once you lose your mental capacity. Please remember that you can only get a LPA when you are still able to make decisions for yourself.

The common misconception is that partners or close family will be able to make decisions for you automatically regarding your finances and health however this couldn't be further from the truth.

If you don’t appoint a Power Of Attorney:

• The court appoints your deputy to make decisions on your behalf with regards your healthcare or finances. The court dictates the scope of power granted to your deputy.

• Your family will have to pay £365 to apply for deputyship plus extra fees after appointment. Also if you are a new deputy there is a £100 assessment fee.

• A deputy’s application could be refused, and the council could be appointed instead

• You may not be able to sell jointly held assets until a deputy has made a relevant applications to the court

There are two kinds of LPA, which are made separately—property and financial affairs LPAs, and health and welfare LPAs. At MLS Legal we will provide you with our expertise and support. We offer a tailored approach that explores and addresses your personal circumstances.