The advantage of this arrangement is that it makes it harder for an attorney to commit fraud or do something against the interests of the donor. The disadvantage, is that the whole power of attorney comes to an end if one attorney dies or becomes mentally incapable. The attorney can say they no longer want to be an attorney – they must do this onform LPA 005 which is sent to the donor, the Office of the Public Guardian, and any other attorneys. You should also make an LPA if you have been diagnosed with, or think you might develop, an illness which might prevent you from making decisions for yourself at some time in the future. If the benefits or tax credits are paid into a bank or building society account, contact the bank or building society to arrange for someone else to collect them.
Lawyers specialising in construction … Read More