The flexibility of Lasting Powers of Attorney for Property and Financial Affairs The current COVID 19 pandemic has classified many people as vulnerable and those people have been advised not to leave their homes. Many people assume that Lasting Powers of...
General Powers of Attorney are often used for specific purposes, for example, if a person is dealing with the sale of a property and they are going on holiday or abroad and wish to give someone the authority to complete the transaction in your absence.
General Powers of Attorney do become void if the person who gives the power (the Donor) starts to lose capacity and therefore it is only recommended as a temporary measure and in specific circumstances.
For a friendly initial telephone discussion or to make an appointment, please contact either our specialist team at either our Stafford office on 01785 252377 or our Stoke on Trent office on 01782 813315.
Which type of Power of Attorney should I make?
As General Powers of Attorney are often used for a specific purpose, we ask our clients to consider if it is worthwhile also putting something more permanent in place should they ever lose mental capacity. As a General Power of Attorney comes to an end on loss of mental capacity, we recommend our clients put in place a Lasting Power of Attorney.
How much does it cost and does a General Power of Attorney need to be registered at the Court?
A General Power of Attorney is usually a straightforward document and can be offered on a fixed fee basis. General Powers of Attorney do not have to be registered at the Court and therefore there are no Court fees which will be incurred in addition to our fixed legal costs.