Power of attorney
A Lasting Power of Attorney (LPA) is a legal document which allows you to appoint up to 4 people of your choice to make decisions on your behalf, should you ever become unable to do so yourself or would simply like to have help managing your financial affairs. There are 2 types of LPA to choose from, one deals with your financial affairs and the other your health and welfare interests.
Our specialist lawyers can handle the preparation and administration of LPAs. We believe everyone should be encouraged to grant lasting powers of attorney, which will be invaluable if they should ever lose mental capacity.
Our experienced team can guide you through the entire LPA process, including:
- Explaining the process
- Helping you choose the suitable type of LPA
- Drafting documents
- Providing assistance to attorneys to help them carry out their roles effectively
- Taking on the role as your attorney if you would like us to do so
If someone does become mentally incapacitated and no Lasting Power of Attorney (or Enduring Power of Attorney) is in place, we can help guide you through the Court of Protection procedures that are required when dealing with an incapacitated person’s property and financial affairs, and any welfare decisions that may need to be made.
In 2017 we received the Law Society’s prestigious Excellence in Private Client Practice award for our work in this area of law.
We can provide different pricing options depending on your budget and we are happy to have an initial chat without obligation – contact us today.
Contact Us
North, South, East or West. Wherever you are, we’ve got you covered. Contact us today for an informal chat, without obligation. We look forward to hearing from you.
Wills, probate & private client news
Vulnerable face timebomb by not appointing others to act
Professionals working with the elderly and vulnerable are raising concerns over future safeguarding following a dramatic fall in the number of lasting powers of attorneys registered during the coronavirus pandemic. Figures from the Office of the Public Guardian, the...
Charlotte McGregor joins Exeter Chamber Board
Exeter Chamber held their annual general meeting at Exeter College on Monday 8th November, where two new board directors were officially appointed. Patrick Tigwell of Thomas Westcott Chartered Accountants replaces Laura Seaward as Treasurer and Wollens partner,...
Shining a light on secret and half secret trusts
The judicial decision that the will of HRH the Duke of Edinburgh be kept private for the next 90 years highlights that a will generally becomes a public document once probate has been granted, open to be read by anyone with an interest in the estate, highlighting the importance of discussing intentions to avoid later challenges to the estate and to exclude any confidential information.
Managing financial affairs under a lasting power of attorney
Making a lasting power of attorney for your finances is an important part of lifetime legal planning, especially if you have built up a portfolio of assets and investments which require regular management. While this legal authority needs to be set up well in advance...
Four new partners appointed at Wollens
Wollens are pleased to announce the appointment of four new partners who are based in multi locations across the region. The promotions are all from within the firms existing teams and each strengthen their departments structure. Chris Hart, Chief Executive said; “We...
A royal lesson in keeping things under your hat.
The judicial decision that the will of HRH the Duke of Edinburgh be kept private for the next 90 years highlights that a will generally becomes a public document once probate has been granted, open to be read by anyone with an interest in the estate, highlighting the importance of discussing intentions to avoid later challenges to the estate and to exclude any confidential information.
Wollens success at Devon & Somerset Law Society Legal Awards !
The presentation of the Devon & Somerset Law Society Legal Awards for 2020 took place last night (September 23rd) in a digital ceremony after several attempts to hold the Dinner originally planned for April 2020 were postponed for COVID reasons. Hosted by the...
Could Lasting Power of Attorneys move to digital?
A more straightforward digital system to set up a Lasting Power of Attorney (LPA) could come into play, but experts say that it is vital that sufficient safeguards are in place to protect elderly and vulnerable people from abuse. In this article, we look at how the...
Probate and overseas assets
Born in Greece and educated in France and Germany before coming to the UK, at his death in April of this year Prince Philip reportedly left a multi-million-pound estate which includes assets overseas. The administration of those assets, and therefore his estate, is...
Relying on the concept of ‘next of kin’ – when is this enough?
Next of kin is a commonly used term in everyday language, yet despite its frequent use ‘next of kin’ only provides legal rights where children are concerned and, even then, only in certain circumstances. The general rule is that the parent or guardian of a child under...
