Business News for 26th May 2010 :: Planet Wills - Strategic Planning for the people you care about
Preparing and registering a Lasting Power of Attorney for your Property and Financial Affairs can be a daunting and expensive task.
This workshop aims to help you to:-
- Complete your own Lasting Power of Attorney for Property and Financial Affairs and learn about the registration process.
- Appreciate the wider implications about the people you name in your Lasting Power of Attorney and the instructions you make.
- Understand when and why you might want to use professional help
- Learn where to find additional help and
Lasting Power of Attorney - Property & Financial Affairs
Since October 2007, if you want someone to have the authority to act on your behalf in your financial and property affairs because you lack the mental capacity to make certain decisions, or if you want someone to make such decisions even when you have the capacity they will need to be:
- An attorney appointed under an assisting Enduring Power of Attorney or Lasting Power of Attorney
- A deputy appointed by the Court of Protection
- Someone acting under a Court Order
- An appointee of the Department of Work and Pensions
A Lasting Power of Attorney is a legal document that allows an individual to choose the person/people who they want to make decisions on their behalf