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No one wants to think about a time when due to illness or an accident, they may be unable to handle their affairs and need to rely on someone else. By appointing a trusted friend or family member to act on their behalf, they can be rest assured their affairs whether it be business, family matters or property will be handled safely and diligently. <br>Full details can be found at https://grantsaw.com. <br>
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Consult A Lawyer Before Appointing And Delegating Lasting Power Of Attorney No one wants to think about a time when due to illness or an accident, they may be unable to handle their affairs and need to rely on someone else. By appointing a trusted friend or family member to act on their behalf, they can be rest assured their affairs whether it be business, family matters or property will be handled safely and diligently. The person appointing the Lasting Power of Attorney is known as the “donor” and the chosen person delegated is known as “the attorney”. Usually, it is a close friend or family member that the donor trusts to make good decisions on their behalf should they no longer be able to make decisions themselves. A person will consider this course of action if they are concerned about their health or want to prepare for the possibility of illness or accident that may affect their future health and affect their capacity to make proper decisions. Lasting Power of Attorney is mostly done for the affairs of the elderly, but people can prepare earlier in life to appoint someone who they trust to make decisions on their behalf to protect their assets and family. It does not stop the person from having the right to make decisions over their affairs. It only comes into effect should something happen, and the donor can’t cope because they no longer have the ability to make important decisions. This process needs to be done while the donor can decide to take this course of action and appoint someone. Should something happen and the person has lost the ability to make their own decisions an application can be submitted to the Court of Protection with the assistance of a lawyer or attorney. Many law firms can assist and draft documents if there the applicants feel they do not need the assistance of a lawyer. There are two options for Lasting Power of Attorney. The first option concerns “health and welfare” and will enable the attorney to make decisions concerning the donor’s medical care and how well they are looked after. This allows the attorney to make decisions regarding the life-sustaining treatment the donor is to receive. This can only be used if the donor has lost their ability to make decisions. The second Lasting Power of Attorney option concerns “property and financial affairs” and will allow the appointed person to make decisions concerning the donor’s home, money and investments. The donor can choose to make use of this power, which is reliant on the donor’s capability. Both options of Lasting Powers of Attorney can be done at the same time, especially when drafting a new Will or updating their Will. Once an option of Lasting Power of Attorney has been decided upon clients are invited to attend a meeting at the attorney’s office. Certain forms and documents need to be completed and signed by all relevant parties. The documents will be sent to the Office of Public Guardian for registration and they will return the forms to the attorneys after the registration process has been completed. The Lasting Power of Attorney documents should be prepared and sent to the Office of Public Guardian to be lodged for registration as soon as possible for them to be used if necessary. There is a statutory waiting period of three weeks from the time the Office of the Public Guardian receives the documents and sends out a notification of registration to the relevant people. This
provides an opportunity to anyone who is concerned or has any issues about the application and wishes to oppose the application. The donor should think carefully about who to appoint as their Attorney because the chosen person would be making important decisions regarding their life and assets on the donor’s behalf should they become unable to make decisions. About Us: Grant Saw Solicitors in London were established in 1851 with offices in Greenwich and Black heath, offering a variety of legal services to individuals and businesses. They received recognition for excellence in industry standards and are proud owners of numerous awards and accreditations. Practice Management Lexcel, Conveyancing Quality Scheme (CQS), the family law accreditation and Wills and Inheritance Quality Scheme (WIQS). In 2013, they received the global ISO 9001 recognising a standard given to firms that determine high excellence. As members of Lawn, a national network of law firms, they provide advice, ideas, and resources. With their friendly and modern approach combined with traditional excellence, they provide superior services to their clients. Full details can be found at https://grantsaw.com.
