Decision-Making – Powers of Attorney
TSP’s Head of Wills and Estates, Solicitor Fiona Ashworth, joins Dream 100’s Murf (Jonathan Murphy) to discuss the decision-making process when mental capacity is called into question and will explain how powers of attorney can be used in this situation.
In the first part of a 3 part series, Fiona discusses:
- Lasting Powers of Attorney (LPA) and how they can help
- The types of decisions an attorney make if an LPA is in place
- Enduring Powers of Attorney (EPA) and how they are different to an LPA
- Benefits of having an LPA over an EPA
- When does an attorney take over decision making?
- The consequences if there is no power of attorney in place
In part 2, Fiona explains:
- How to set up an LPA
- Preparations to make when you are planning to meet with a solicitor to put an LPA in place
- How LPAs differ for single/widowed individuals
- Appointing an attorney
- Being an attorney
Part 3 sees Fiona and Murf chatting about:
- Solicitors for the Elderly (SFE) and the recommendations they make to individuals
- The Society of Trust and Estate Practitioners (STEP)
- Recent law changes
If you have any questions regarding powers of attorney or creating a Will, you can contact Fiona Ashworth on Fiona.ashworth@tsplegal.com or 01206 217057.