Lasting power of attorneySubmitted By: David Young of EssentialWills - Will Writers in Peterlee Category Type: General Interest Article Date Submitted: 24-02-2012 16:55:30 What can your Attorneys help with? If the Lasting Power that you have created does not contain any restrictions they will be able to help you make decisions regarding any or all of your property and financial affairs. They will encourage you to make any decisions for yourself but will be on hand to help when it is required.The things they can help with include the following: Opening, closing or operating any bank, building society or other account • Buying or selling property • Claiming, receiving and using (on your behalf) all benefits,pensions, allowances and rebates • Receive any income, inheritance or other entitlement and ensure it is used in your best interests • Deal with your tax affairs • Pay your mortgage or rent and household expenses • Insure, maintain and repair your property • Invest your savings to achieve the best return • Make gifts to your family and friends for birthdays, weddings and at Christmas or continue making gifts to a charity that you regularly donate to • Pay for private medical care and residential or nursing home fees • Apply for any entitlement to funding for NHS care, social care or adaptations • Obtain any equipment or other help you may need • Repay the interest and capital on any loan you have taken out Although this is not a complete list a general Property and Affairs LPA they will allow the attorney to carry out any or all of the actions above. Date Last Modified:- 24-02-2012 16:55:30 |