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Setting Up A Power Of Attorney

A power of attorney (PoA) and a lasting power of attorney (LPA) are both legal documents that allow someone to designate another person to make decisions on their behalf. The main difference between the two is that an LPA can continue to be used even if the person who created it loses mental capacity or is unable to manage their affairs, while a PoA is usually only used in temporary situations. It is important to note that both types of Power of Attorney can only be entered into when you have full mental capacity.

Contact us today and we can talk you through our services and how we can help you and your family. Simply call us on 0345 901 0445 or complete our online enquiry form and a member of the team will give you a call back as soon as possible.

At Blackstone, we always aim to provide the best service possible. Meticulous in our approach, we will make sure everything is dealt with as you wish and will keep you updated throughout the legal process, ensuring that you always know of any developments.

Our Services

We can provide help with a wide range of matters relating to Succession Planning, including:

• Director Lasting Power Of Attorney
• Partnership agreements
• Shareholder Agreements
• Amends To Articles Of Association
• Making a Will
• Setting up Trusts
• Lifetime Giving
• Charitable gifts and trusts
• Protection from care home fees
• Setting up a Lasting Power of Attorney
• Setting up a Health and Welfare Lasting Power of Attorney
• Setting up a Property and Financial Lasting Power of Attorney

We have partners we work closely with that can advise upon:

• Tax Planning including advising on capital gains tax and income tax for individuals, businesses, landed estates, professionals, entrepreneurs and advice on matters including business relief, exemptions and retirement planning.

What Is a Power of Attorney?

A Power of Attorney is a legal mechanism that allows you (the “donor”) to appoint someone you trust (the “attorney”) to make decisions on your behalf if you are unable to do so. This could be due to illness, injury, or a decline in mental capacity. There are different types of PoA, each serving distinct purposes and providing varying levels of authority to the attorney.

An Ordinary Power of Attorney is typically used for a specific period or situation where you need temporary assistance managing your financial affairs. For example, if you are travelling abroad for an extended period or recovering from a temporary illness, you can grant an OPA to someone you trust to handle your financial matters in your absence. However, it is important to note that an OPA is only valid while you have mental capacity; it automatically lapses if you lose the ability to make decisions.

Why Set Up a Power of Attorney?

Setting up a Power of Attorney is an essential part of future planning. By appointing someone you trust as your attorney, you ensure that your affairs will be managed according to your wishes, even if you are unable to communicate them.

Our Approach

We are 100% committed to ensuring each and every one of our clients receives the highest quality service and we will go the extra mile to ensure that you are happy with the results gained. We understand it can be particularly difficult to deal with matters relating to death and inheritance, and this is why our friendly and approachable team always take a sympathetic and understanding approach, ensuring that you receive the support you need.

We believe communication is of the utmost importance. We will therefore keep you updated as things develop and our solicitors will provide practical, straightforward legal advice so that you can be confident everything is progressing as you would like.

Get in Touch

Contact us today to discuss any matter relating to Succession Planning. We can talk about your situation in depth and get to the bottom of what you need and how we can help. We are here to answer any questions which you have, and we aim to make everything as simple for you as possible.

Our team is approachable, professional and vastly experienced. We will do everything in our power to help you get the outcome you need. Call us on 0345 901 0445 or, if you would prefer us to contact you, leave your details via our online enquiry form.

We offer our services to clients in Manchester, Chester, Cheshire and throughout the rest of the UK. We also have an office in London.