There are several types of Powers of Attorney and we at Oakwood Solicitors will provide you with advice and guidance as to which Power of Attorney you require for your individual personal needs.
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Cancelling Your Powers of Attorney
If you have made any Power of Attorney and you no longer wish for the attorneys currently appointed to be your attorneys, then you can cancel your existing Power of Attorney and make a new Power of Attorney.
Enduring Powers of Attorney
Since 1 October 2017, no further Enduring Powers of Attorney can be made (they were replaced by Lasting Powers of Attorney). If you made an Enduring Power of Attorney prior to this date, it is still valid and can be used. If, however, your Enduring Power of Attorney is required to be changed then you…
General Powers of Attorney
A General Power of Attorney may be appropriate if you are able to provide instructions to your chosen attorney to deal with your property and financial affairs, on your behalf, for use on a short-term basis. For example: If you are physically incapacitated following a medical procedure Out of the country for a specific length…
Lasting Powers of Attorney
What is a Lasting Power of Attorney? A Lasting Power of Attorney (LPA) is a document whereby an individual (known as the donor) over the age of eighteen who has capacity, can choose who they wish to appoint to help them manage their financial and property decisions or health and welfare decisions should they…
Lasting Powers of Attorney for Business Owners
As a business owner/co-owner you have worked really hard to make your business a success, so you should consider making a Lasting Power of Attorney to cover your business assets should any of the following happen: Accident resulting in long-term/temporary incapacity or impairment Long term illness Out of the country for a long period of…
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