Empower Your Tomorrow
Welcome to Wealth Bequests, where we offer comprehensive Power of Attorney (POA) services designed to empower your future and protect your interests. Our team understands the importance of having a trusted individual to make decisions on your behalf should you become unable to do so. With our expertise and personalised approach, we guide you through the process of establishing a Power of Attorney, ensuring that your wishes are understood and respected.
At Wealth Bequests, we recognise that planning for incapacity is a crucial aspect of estate planning. Our Power of Attorney services provide you with the peace of mind that comes from knowing your financial, medical, and personal affairs will be managed according to your wishes by someone you trust implicitly. Whether you’re seeking to appoint a Power of Attorney for healthcare decisions, financial matters, or both, we are here to provide the guidance and support you need.
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Why Clients Choose Us
Consulting
Expert guidance for informed decisions and effective estate management.
Planning
Tailored strategies to secure your legacy and protect your assets.
Strategy
Precision planning to maximise wealth preservation and inheritance distribution.
Success
Achieving your estate planning goals with confidence and peace of mind.
Our Philosophy
At Wealth Bequests, we're all about making sure your stuff goes where you want it to go without any headaches. Let's chat about your goals and sort out the details together. Your legacy is important, and we're here to make sure it's in good hands.
Personalised Approach
We believe in a one-size-does-not-fit-all philosophy. Your situation is unique, and so is our approach. We tailor our services to match your specific needs and aspirations.
Streamlined Peace of Mind
Our philosophy centers around simplifying the complex world of estate planning. We aim to provide you with a streamlined and stress-free experience.
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Frequently Asked Questions
Curious about Powers of Attorney? Dive into our FAQ section for insights into how Wealth Bequests can empower your future with comprehensive POA services.
A Lasting Power of Attorney (LPA) is a legal document that allows you (the donor) to appoint one or more people (known as attorneys) to make decisions on your behalf should you lose the mental capacity to do so yourself. These decisions can relate to your finances, property, health, and welfare.
Yes, you can change or cancel your Lasting Power of Attorney as long as you still have mental capacity. To make changes, you’ll need to complete the appropriate forms and notify all relevant parties. If you’ve appointed multiple attorneys, you can also specify how you want them to act—whether jointly, severally, or jointly and severally.
When choosing an attorney, it’s crucial to select someone you trust implicitly, as they will have significant authority over your affairs. They should be competent, reliable, and willing to act in your best interests. Many people choose family members, close friends, or professional advisors as their attorneys.
There are two main types of LPA: one for health and welfare decisions and another for property and financial affairs. The health and welfare LPA allows your chosen attorney(s) to make decisions about your medical treatment, care, and daily routine. The property and financial affairs LPA empower your attorney(s) to handle your finances, property, and other assets.
A Lasting Power of Attorney for property and financial affairs can come into effect as soon as it’s registered with the Office of the Public Guardian, provided you’ve given your attorney(s) permission to act before you lose capacity. The health and welfare LPA only comes into effect when you lack the mental capacity to make decisions yourself, as confirmed by medical professionals.
Anyone over the age of 18 who has mental capacity can make a Lasting Power of Attorney. It’s essential to plan ahead and create an LPA while you’re still capable of making decisions, as it cannot be made once you’ve lost mental capacity.