The Most Important Things To Know About The Lasting Power Of Attorney There may come a time when you can no longer make decisions on your own because of mental incapacity or physical impossibility. This is where a lasting power of attorney comes in. It is the act of appointing or authorizing a particular person to do legal transactions through a document signed by a lawyer. How is It Made? The making of the authorization letter, otherwise known as the lasting power of attorney, can be made by you or a practicing lawyer. It is a simple letter which explicitly states the person or persons you would like to authorize as your personal ‘attorney’ in case you are not around. In addition to that, the letter must contain the complete name of the specified person as well as his civil status and all other important details which would deem the person capacitated. After the draft is made, it would be checked by your preferred attorney and he finds it clear and right then all that is needed is his signature to make it known to the entire world that you authorized a person to enter into legal transactions. Choosing the Right Person When you appoint a person to become your ‘attorney’, you should make sure that the person is not just anybody. It must be a person who you can trust your life with; one who would not turn his/her back on you in case problems arise out of certain situations. This is the hard part here because you will need to assess the person you are going to authorize whether he/she is fit or not. Money and properties are two things which easily tempt people. It is worthy to note that even your closest friends or relatives could easily turn their back on you. Thus, you should appoint a person who will neither be tempted by money nor properties. This is to assure yourself that the legal transactions will not be done against your will. Using the Powerful Letter If you are an authorized person to deal with legal matters by a friend, a member of the family and the like, you can use the lasting power of attorney by presenting it before authorities. For instance, when you are tasked to sign a deed of absolute sale in the absence of the assignor then you should do so in front of a legal counsel and with the authorization letter signed by the assignor and a lawyer. This is to show the authorities that the power vested on you is binding upon the entire earth. The mere presence of the signature of the lawyer and the assignor on the written instrument immediately makes it a legal document.
Resource In case you think that your time is drawing near or that you will be leaving indefinitely sometime in the future, then you should appoint or authorize person/persons as soon as you get the chance to do so. So if you plan to get a power of attorney UK is inarguably the best place where you can get this general power of attorney. The lawyers there are simply amazing because of their knowledge and experience in the practice and adherence to the statutory provisions in their land. On top of that, such documents are affordable which make it easy for people to
get this authorization letter. This is very useful because you can authorize close friends, relatives, ascendants, descendants and the like to enter into legal transactions while you are away. The key here is to get the right attorney to sign the paper in order to make it a legal document. Without the affixed signature of the lawyer, that paper will not have any legal effect.