Lasting Power Of Attorney Property And Financial
A property and finance LPA will allow your attorney to make decisions on your behalf.
- Running your bank and savings accounts
- Making or selling investments
- Paying your bills
- Buying or selling your house
You can appoint a property and financial affairs attorney to manage your finances and property whilst you still have mental capacity as well as when you lack mental capacity. For example, it may be easier for you to give someone the power to carry out tasks such as paying your bills or collecting your benefits or other income, for instance you may find it difficult to get about or to talk on the telephone.
Your attorneys must follow the principles of the Mental Capacity Act, they must always act in your best interests.