Why You Might Need Lasting Power Of Attorney


Posted March 3, 2022 by Grantsawsolicitor

Leading Legal Experts At Grant Saw Solicitors Explains The Finer Details
 
For many, it might feel that giving away the power of attorney translates to handing over all the power, influence, and assets you have to someone else. This idea is understandably a scary thought and therefore it is a suggestion that clients often receive with a fair amount of resistance. Yet, having a lasting power of attorney in place is nothing like that at all according to the lasting power of attorney lawyers at Grant Saw Solicitors.

“There are two different kinds of lasting power of attorney available. The focal point of the one option is purely the health and welfare of their client. Here you allow your attorney to make decisions on your behalf regarding your medical condition. You give your attorney the power to determine what type of care you would need when you are no longer in a state to make these choices for yourself. The second has a stronger influence on your financial affairs and your assets such as property. In the latter, the paperwork gives the one who has the power of attorney the right to make decisions regarding your financial affairs that will benefit you and your loved ones,” says Ray Crudgington, Managing Partner at Grant Saw Solicitors.

He also states that in both cases, the power of attorney only becomes valid once their client is incapacitated or for any reason no longer able to make decisions regarding their health, care, or finances themselves. Furthermore, Ray also highlights that it is possible to make use of both options and it is something that you can discuss with their legal experts when you are busy with your estate planning.

Once their clients have clarity on what type of power of attorney they would need, the team will schedule a meeting to discuss the finer details regarding such a decision, what the benefits are, and they will answer any questions the client might have. This is only one of the many trusted services you can reach out for towards the reputable team of legal professionals with such a long history in the UK.

It is the type of legal service that they offer at a fixed fee. They will complete the necessary paperwork on your behalf and once they have lodged it at The Office of the Public Guardian, there is a short waiting period of three weeks, before the office will send out the necessary notification to all affected by the process, but the total duration of the application process is roughly around 10-12 weeks.

About Us:

Our team is one that you can trust and rely upon to be by your side when you need it the most. Each of our members is an expert in a certain niche legal field and as a team, we can collaborate on your case and ensure that you enjoy the results of the best possible outcome. We deliver nothing but exceptional legal service and have been doing so for many years. When you partner with your legal support network, you can be sure that you have the best by your side. Visit our website at https://grantsaw.com/ or contact us and see how we can assist you with our legal services.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Grant Saw Solicitors LLP
Phone 02083053550
Business Address Wood Wharf Building, Horseferry Place, London, United Kingdom, SE10 9BB
Country United Kingdom
Categories Law , Legal , Services
Tags commercial property purchase solicitors , commercial property sale solicitors , independent legal advice solicitor , notary public solicitor
Last Updated March 3, 2022