Property & Financial Affairs

This document enables us to authorise our attorneys to deal with financial matters on our behalf such as:

  • Buying or selling property
  • Opening, closing or operating our bank, building society or any other accounts
  • Giving access to all our financial information so that they can claim and receive benefits, pensions, allowances and rebates on our behalf
  • Dealing with our tax affairs
  • Paying our mortgage, rent and other household expenses
  • Insuring, maintaining and repairing our property

The attorneys can only assume power after the LPA has been registered with the Office of the Public Guardian (OPG).

You do not have to have lost mental capacity for an attorney to use an LPA Property & Financial Affairs on your behalf.  Some people are happy for an attorney they trust to take over their financial affairs early.  For example, if you had poor eyesight and limited mobility you may want your attorney to go to the Bank and deal with bills even though you could mentally deal with these things yourself.

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