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An individual may grant a power of attorney to another person either immediately or in the event that they become unable to make decisions for themselves. Find and compare legal experts now.Compare now
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Granting power of attorney to another person should not be taken lightly. Legal service providers will help you decide who to entrust with such a responsibility and draw up the paperwork. Here is some basic guidance to help inform your choice of legal expert.
A power of attorney is a legal document that gives someone else authority to act on your behalf in certain situations.
There are two different types: a lasting power of attorney and an ordinary power of attorney. A lasting power of attorney allows a person to deal with your health and welfare decisions and/or your financial affairs. It must be registered before it can be used. An ordinary power of attorney is normally limited to financial matters and is often used when someone is abroad for a long period of time. A legal service provider will be able to give you expert advice on the best options available to you.
A solicitor will be able to give you expert advice on the process involved in getting power of attorney. A lasting power of attorney is set up by completing the relevant form and registering it with the Office of the Public Guardian. It normally takes about 8 to 10 weeks to register. An ordinary power of attorney can be drafted by your legal service provider according to your needs.
You can choose a partner, a relative, a friend or a professional to be your attorney and you can have more than one. Your attorney must be over 18 and they must have the mental capacity to make their own decisions. Your attorney will be dealing with important decisions relating to your finances and healthcare and it is important to choose someone you trust.
It is worth considering a number of factors when choosing a legal expert to assist you with a power of attorney matter. You may wish to consider factors such as the location, reputation and cost of a firm before pursuing legal action.
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Most legal service providers will offer fixed fees for dealing with powers of attorney. Solicitors charges for power of attorney will vary from firm to firm, so it's best to find the best solution for you by comparing costs with The Law Superstore today.
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