Power of attorney – Managing someone’s affairs

There are times when you may need to make decisions on behalf of the person you care for. When these decisions are about important things such as finances and healthcare, there are legal documents you can use to help.

What does power or attorney mean?

Power of attorney means the legal right to act for someone else in their financial or business matters.

Types of power of attorney

There are different types of power or attorney.

  • Ordinary power or attorney covers decisions about your finances and applies when you still have mental capacity yourself. This is usually temporary.
  • Lasting power of attorney relates to financial and/or health related decisions and is used when the individual in question no longer wishes to make decisions for themselves or when they lack the mental capacity to do so.
  • Enduring power or attorney (these were replaced by lasting power of attorney in 2007)

Why would you use a power of attorney?

There are a number of situations in which a power or attorney is needed. It could be that the person you care for no longer wishes to make decisions about their finances or healthcare, or that they need help managing their finances. It may be that they are likely to lose mental capacity in the future so would like to know that someone they trust is appointed to make important decisions for them. For more information on the types of power of attorney and the situations in which you might use them, Care UK have a great page here.

Money & Legal

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