In life, unforeseen circumstances can arise where we may become incapable of making decisions for ourselves. That's why setting up Lasting Powers of Attorney (LPAs) is crucial, allowing trusted individuals to act on our behalf. However, selecting the right attorney for different aspects of your life requires careful consideration tailored to each domain. In this blog post, we'll explore what to look for when choosing attorneys for Health and Welfare LPAs versus Property and Financial LPAs.
Health and Welfare LPA
When it comes to matters of health and personal welfare, your chosen attorney should possess qualities that ensure your well-being and uphold your values:
Trust and Empathy Select someone you trust implicitly, who understands your beliefs, values, and healthcare preferences.
Communication Skills
Look for an attorney who can effectively communicate your wishes to healthcare professionals and family members, ensuring your voice is heard in medical decisions.
Accessibility
Your attorney should be readily available to attend medical appointments, make decisions promptly, and advocate for your best interests in healthcare settings.
Understanding of Medical Issues
While not mandatory, a basic understanding of healthcare procedures and treatments can be beneficial in navigating medical decisions effectively.
Commitment
Choose an attorney who is committed to fulfilling their duties, even in emotionally challenging situations, always prioritizing your needs above their own.
Property and Financial LPA
Managing someone else's finances requires a different set of skills and attributes. Here's what to consider when selecting an attorney for your Property and Financial LPA:
Financial Acumen
Your attorney should possess sound financial knowledge, capable of managing investments, property, debts, and taxes effectively.
Organizational Skills
Look for someone detail-oriented and organized, capable of managing paperwork, keeping accurate records, and handling financial matters responsibly.
Trustworthiness
Entrust your financial affairs to someone with integrity, who will manage your assets transparently and avoid any conflicts of interest.
Legal Knowledge
While not mandatory, familiarity with relevant legal procedures and regulations can be advantageous in navigating complex financial matters or legal issues.
Availability and Accessibility
Ensure your attorney can readily manage your financial affairs, accessing bank accounts, paying bills, and making decisions promptly when needed.
Conclusion
Selecting the right attorneys for your Lasting Powers of Attorney (LPAs) is crucial for safeguarding your future. Ensure your wishes are upheld and your interests protected by choosing individuals with the right qualities for each role.
Here at PD Wills, we offer a comprehensive advice service, including video statements recorded at the time of signing, providing an extra layer of assurance that your instructions will be upheld.
Ready to take the next step? Book an appointment with us today to discuss your needs and secure your peace of mind.
Comments