Lasting Power of Attorney
A lasting power of attorney (LPA) is a legal tool which is given to a person who is trustworthy and to whom you can give the legal authority through which you can make decisions on your behalf regarding the financial affairs like health and welfare so that you can lose the mental capacity to do so.
A lasting power of attorney is given to someone you can easily rely on by giving the legal authority to make the decisions. Lasting Power of Attorney can be divided into two types:
- A Property and Financial Affairs of Lasting Power of Attorney: This type of LPA enables you have power to give orders to other person who will be dealing with your property and finances.
- A Health and Welfare of Lasting Power of Attorney: this type of LPA will enable you to give the authority to another person who makes health and welfare decisions as per your needs. This type of LPA can easily extend by giving and refusing the consent to the continuation of the life sustaining treatment.
There are some legal requirements that you should keep in mind when you will order to make an LPA–
1. The age of the person should be 18 years or above.
2. The person must have mental capacity in which a person can understand the extent of the power when you are donating to the person.
The Party Wall Agreement is a procedure which ensures both the building owner and the adjoining owner that is legally protected before, after and during the work is completed. If a Party Wall surveyor wants to ensure then, they will check the building owner’s work from the point of view of the property of the adjoining owner. They will definitely ensure the physical strength which can possibly be, alongwith they will ensure the detailed organization of the works that have been taken after avoiding the disagreement between the owners. Party Wall Agreement is a process which follows a required procedure which begins when the owner of the building serves a Party Wall Notice to the adjoining owner.
There are some of the benefits regarding the Lasting Power of Attorney:
1. You can easily decide who will be the person who can act as your attorney.
2. The person you have chosen as your attorney must have a good understanding of your needs.
3. If you are mentally active but you are not able to work physically then your attorney can easily act on your behalf to assist you.