How To Decide Who Is Granted Lasting Power Of Attorney

Choosing someone to grant lasting power of attorney (LPA) is a significant decision that can have a profound impact on your future. The individual you choose will be responsible for making important decisions about your health, welfare, and finances if you become unable to do so yourself.

Read on to find out more about how you can approach this decision.

Trustworthiness & Reliability

The person you appoint must be someone you trust implicitly. They will be in charge of handling sensitive matters like your finances, healthcare decisions, and possibly even where you live. Therefore, you need someone who is not only reliable but also has your best interests at heart. It could be a family member, close friend, or even a professional like a solicitor.

Financial Knowledge

For a lasting power of attorney dealing with property and finances, it can be beneficial to appoint someone who has a basic understanding of financial and legal matters. While they don’t need to be experts, some familiarity with managing accounts, investments, and property can help them make informed decisions. At PJE Solicitors, we also offer guidance and support for attorneys who may need assistance in understanding their responsibilities.

Availability & Willingness

Managing power of attorney is not only a privilege but also a responsibility. The person you choose should have the time, availability, and willingness to take on the role. It’s essential to discuss the matter with the potential attorney to ensure they are comfortable with the responsibilities. A trusted person who is overwhelmed with their own commitments may not be the best choice, so it’s crucial to consider their ability to handle the tasks involved.

Compatibility With Your Values

When appointing an LPA for health and welfare, it’s vital that your chosen person understands and respects your values and beliefs. This is especially important when decisions are being made about medical treatments or care plans. The attorney should be someone who will prioritise your preferences and ensure your wishes are followed, even if they differ from their own opinions.

Professional Attorneys

If you don’t feel comfortable appointing a family member or friend, or if your circumstances are particularly complex, you might consider appointing a professional such as a solicitor. At PJE Solicitors, we can act as your attorney to ensure impartiality and that decisions are made in your best interest. This option is often preferred for those who don’t have a trusted individual to fulfil this role or where conflicts might arise.

PJE Solicitors: Experienced Legal Support For Life

At PJE Solicitors, our experienced team in Cardiff and Pontypridd is here to guide you through the process, ensuring that your future is in the hands of someone you trust. Contact us today for expert advice on everything related to wills and probate.