In the latest edition of her series of myth busting articles, Sarah Nash, Solicitor and Head of Astle Paterson’s Wills and Probate Department, discusses the common myth that a Lasting Power of Attorney is only relevant when a person loses their mental capacity.
Sarah said “Whilst most people’s motivation for making a Lasting Power of Attorney is to ensure their financial affairs and welfare can be managed in the event of them becoming permanently mentally incapacitated, a Lasting Power of Attorney’s benefits in other circumstances are often overlooked.
If, when the Lasting Power of Attorney is prepared, the person making the Power of Attorney provides that the document can be used as soon as it is registered, then it can be used with their consent whilst they still have mental capacity.
This is useful for people who are physically impaired but mentally capable as they can then direct their nominated person to carry out tasks on their behalf which may not be convenient or easy for them to do themselves.”
Sarah concluded “The circumstances in which a Lasting Power of Attorney are useful are wide ranging and we therefore always recommend that our clients consider making a Lasting Power of Attorney at an early stage – well before the actual need for one appears to be in sight.”
Should you like to meet with one of our specialist Wills & Probate Lawyers, please telephone the Department’s direct telephone number 01283 743969.
This is our Conveyancing Advice series, where we’ve been talking about the involved process that is selling a house, the ...Read More
The government has finally announced plans to introduce ‘no fault divorce’, which means divorcing couples no longer have to blame ...Read More
As part of our commitment to provide expert advice in legal matters for concerned customers, we’re providing advice on the ...Read More
This is the final part of our 3-part series on the proceeds of divorce with children. So far, we have ...Read More
This is the second entry in our four-part conveyancing advice blog series, where we hope to shed some light on ...Read More
Astle Paterson, Clay House,
5 Horninglow Street, Burton upon Trent
Staffordshire DE14 1NG
Tel . 01283 531366
Book an appointmentBurton on Trent | Uttoxeter
Business & Commercial • Conveyancing • Family • Litigation • Wills, Inheritance Tax & Probate • Employment