If someday you are no longer able to look after your own financial affairs, due to factors like illness, accident or the onset of dementia, this document will give that power to another person, called your 'attorney'. Once the power comes into effect, your attorney (or attorneys) will have the legal authority to act on your behalf in property and financial matters.
You will need to register this document with the Office of the Public Guardian, who will charge a fee for this.
This document can only be used in England or Wales.
With our LP1F Lasting power of attorney for property and financial affairs, you will also have the ability for a one-time legal advice call as well as having your created document reviewed by our legal team.