For all products, we ask you for proof of identification and address. This can be done with either a Passport, Birth Certificate, Driving Licence and Utility Bill, one should be photographic identity.
When things go wrong, illness, an accident, or a diagnosis of dementia, it is impossible for someone to manage your affairs. Banks and other institutions will not discuss your affairs with anyone else – including your spouse or partner – without a registered Lasting Power of Attorney (LPA) in place.
An LPA is a legal document that lets you (the ‘donor’) appoint one or more people (known as ‘Attorneys’) to help you make decisions or make decisions on your behalf.
This gives you more control over what happens to you if, for example, you have an accident or an illness and cannot make decisions for yourself.
You must be 18 years of age or over and have mental capacity – the ability to make your own decisions to make your LPA.
There are 3 types of LPA:
- The Property & Financial Affairs LPA – this power allows your Attorney to manage your money, investments, pay your bills and sell your property. This power can be used when you are physically unable to manage as well as when you may have lost mental capacity.
- The Health & Welfare LPA – this power allows your Attorney to make decisions about how you are treated medically. They can decide if you receive medical or surgical care, whether you remain on a life-support system or if you should be resuscitated. This power can only be used once someone has lost mental capacity.
- The Business LPA – this power allows someone to manage your business interests should you become physically or mentally unable to do so. This power can be used alongside the other powers.
All three LPA’s must be registered with the Office of the Public Guardian before they can be used.
You can choose to make one type or all 3 as applicable
There is a different process in Scotland and Northern Ireland.