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Lasting Powers of Attorney
To give yourself peace of mind that someone will be acting in your best interests should you lose your mental capacity, you can nominate a family member or friend to make these decisions for you.
A lasting power of attorney (LPA) allows you to appoint a person you trust (the attorney) to act on your behalf. There are two types of LPA, one relating to property and finance and the other to personal welfare.
What Does a POA Cost?
Probate is usually carried out by the person(s) appointed as Executor(s) in the Will or, if there is no Will, the deceased’s next of kin. If the deceased has left a Will the Executors appointed under the Will are able to administer the Estate and their authority is ratified by Court Order known as Grant of Probate. If the deceased died intestate (without a Will) then, before administration of the Estate can begin, a Court Order must be obtained which is known as Letters of Administration.