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Power of Attorney in Bolton

 

 

 

Let Legacy Estates help you Assign a Power of Attorney

Do you need power of attorney in Bolton? Powers of Attorney (POA) have been serving the public for centuries. It is a powerful legal document which allows an individual (Donor) to appoint a person of their own choice (an Attorney), to look after their affairs should they at a later stage no longer wish to make these decisions or lack the capacity to manage their affairs themselves.

No doubt you have taken care to ensure that your assets go to the right people when you die by making a Will. If you care enough about what happens to your assets after you die, then you ought to care even more about keeping them and yourself safe while you are alive.

When Would a Power of Attorney be Needed

If you were to suffer an accident and be confined to bed or hospital, contract an illness or have a more serious accident that permanently incapacitates you or become mentally incapacitated as a result of old age or some other reason, then without an LPA in place, the ONLY way your financial affairs can be managed is by an application (by a relative or someone close to you) being made to the Court of Protection for Deputyship.


Benefits associated with a assigning a power of attorney:

 

  • Lets you select a decision maker
  • Gives your family chance to discuss end of life care and your funeral arrangements
  • Prevents people questioning your wishes
  • Comfort for all those involved

So What’s the Process?

The application must provide personal information about themselves, their family, their own finances and the relationship with the person they wish to help care for. Medical evidence also needs to be obtained. This process costs a considerable amount of money and can take anything between 12 weeks and 10 months, by which time your finances could be seriously damaged.

Even worse, a Judge will make the final decision as to who is appointed as the Deputy and this may not be who you would have wished to manage your affairs. The appointment does not even have to be a family member, preferring to appoint a Panel Deputy, either retired Solicitors or Barristers who work for the Office of the Public Guardian (OPG) or a Local Authority.

Lasting Power of Attorney

While the Court of Protection is important to safeguard the interests of people who don’t have close friends or family, if you want your loved ones to be able to care for you and make decisions on your behalf, you should ensure that you make an LPA while you are still able to do so. Below are some of the reasons why you should make a Lasting Power of Attorney (LPA) in preference to a judge appointing a Deputy to manage your affairs.

  • Lets you select a decision maker
  • Gives your family chance to discuss end of life care and your funeral arrangements
  • Prevents people questioning your wishes
  • Comfort for all those involved

 

Looking for power of attorney in Bolton? Call Legacy Estates today on 01204 481 029 for a free appointment and an indication of the costs involved.

 

So, Why use Legacy Estate?

  • There’s no substitute for specialist advice
  • At Legacy Estate we would be delighted to assist you in getting a Grant of Probate (when there is a Will), or Letters of Administration (if there is no Will)
  • We can make clear the terms of the Will so it’s clear what your entitlement is
  • If there is no Will we can make clear what the law affirms you are entitled to; or if there’s no provision for you in law, if you are entitled to make a claim against the estate
  • In addition we supply a full estate administration service from submitting the initial material required to obtain a Grant to obtaining the grant to actually distribute the estate and preparation of estate accounts

Contact Legacy Estate

Do you need power of attorney in Bolton? Are you are at a stage in your life in which you feel the need to give a trustworthy loved one the power of attorney over your assets then Legacy Estates can help you. We will use our experience and knowledge to help you write up this legal document, enabling someone you trust to act in your best interest in terms of addressing funds and personal affairs.

Call Us today for a free appointment and an indication of the costs involved . We can also help you to produce a Will and advise you on inheritance planning.