What is it?
The Killik & Co Power of Attorney Service offers a simple way to make a Lasting Power of Attorney (LPA) with assistance and advice provided every step of the way, from the professionals at Killik & Co.
Why Killik & Co?
We have been dealing with LPAs since their inception and as a result have built up a wealth of practical experience, underpinned by the necessary expertise.
Where the involvement of a professional would be helpful, or prudent, we are able to act as your attorney on property and financial affairs.
Killik & Co acts via its wholly owned subsidiary, Killik & Co Trustees Limited, a trust corporation.
Who is it right for?
Anyone who would benefit from professional involvement with either the creation of, or the ongoing management of an LPA.
A Lasting Power of Attorney
A traditional power of attorney is a document whereby one person (the grantor) authorises another (their attorney) to act for them in legal or business matters. It enables the attorney to do anything that the grantor could legally do themselves, and is typically used where, for example, the grantor is in hospital, or may be abroad for extended periods. Problems can easily arise however if the grantor were to lose mental capacity, as this would cause the power of attorney to become null and void at a time when it is most needed.
To avoid such difficulties it is now possible, whilst you are in the best position possible, to put specific powers of attorney in place which can be used if capacity is lost. These are known as LPAs and they cover:
* Property and financial affairs.
* Health and welfare.
As well as choosing who you want to be your attorney, you are able to restrict and guide what they do.
Benefits of the Service
Most people accept that they should write a Will to avoid difficulties for their family when they die, however planning for a potential loss of capacity, although often forgotten, can be equally as important. Your first instinct might be to appoint a relative or close friend to act for you, but whomever you choose should be someone in whom you have complete and unquestioning trust. You should also consider whether in reality that person is in a position to carry out what can prove to be sensitive and time consuming tasks.
The Killik & Co Power of Attorney Service offers a simple way to make an LPA, with assistance and advice provided at every step. We can also act as your attorney (on property and financial affairs), where the involvement of a professional would be helpful or prudent.
Killik & Co acts via its wholly owned subsidiary, Killik & Co Trustees Limited, a trust corporation and have been dealing with LPAs since their creation, amassing a wealth of practical experience, as well as the necessary professional expertise.
Our specialist team will discuss the arrangements with you in detail and take your instructions. You will then be provided with a draft LPA document to consider and when the final version is ready to be signed, Killik & Co are able to supervise the necessary formalities.
What you need to know
For a more detailed overview of our Lasting Power of Attorney service, please download our short complimentary guide, which features any associated charges and what you can expect as a client of Killik & Co.