Power of Attorney is a crucial document that can provide you with the facility that another person on whom you have got trust is taking care of your medical, property, and financial affairs. If you are 18 more than 18 years old and you can take your legal decisions yourself, then you can appoint a person who can take charge of your affairs in the future just in case you’re unable to form decisions.
The person has an authority to make decisions on your behalf is called the “Attorney” and you will be known as “Principal or Donor”.
This post highlights what exactly is a Power of Attorney, what are the major types of POA used in the United Kingdom, and how you can get the best and high-quality Power of Attorney translation services in the UK.
Let’s take a start.
What is a Power of Attorney (POA)?
A Power of Attorney is an important legal document that gives the power to a person usually the attorney or an agent to act for another person usually known as the principal. In the case of Power of Attorney, the attorney or an agent can take the decisions on the behalf of a principal if he cannot be able to sign any legal document due to disability or illness. The decisions that an agent (person or organization) takes are legal relating to the financial, property, or medical affairs of a principal. Remember, all Power of Attorneys are not created equal. There are several types of POAs that give a different level of control to the attorney.
Understanding the different flavors of Power of Attorney | Types
The first type of Power of Attorney is the Enduring Power of Attorney (EPA) and the second one is the Lasting Power of Attorney (LPA). Before 1st October 2007, people usually made EPA and appointed an attorney (the person who is making decisions on your behalf) to manage their business affairs. But when LPAs were introduced by the Mental Capacity Act 2005, people started to use them instead of EPAs.
EPAs remained valid till the year 2007 but at present, the Lasting Power of Attorney (LPA) is considered valid.
- (LPA) Lasting Power of Attorney
The Lasting Power of Attorney further consists of two types. One is Personal Welfare LPA and the other is Property and Financial Affairs LPA. Personal welfare lasting power of attorney gives authority to an attorney to make your medical-related or day-to-day decisions if you are not able to make them on your own. For example, he can make decisions related to your medical treatment or your daily tasks of eating, sleeping, dressing, etc.
On the other hand, in case of financial and property lasting power of attorney, an attorney can make your decisions related to property or financial affairs such as payment of bills, signing of legal documents, collecting payments, etc.
- (EPA) Enduring Power of Attorney
It is a document that appoints a trusted person to make decisions related to only financial affairs rather than personal affairs.
Kings of Translation offer best services of Power of Attorney translation
Kings of Translation – translation agency is offering high-quality legal translation services in the UK. We have many years of experience in the industry and have translated millions of words. The professional translators at Kings of Translation are not only specialized in legal translations but also have a legal education and a ground in finance and economics. They can provide professional translations in multiple languages, striving together to provide excellent customer service and perfection.
So, if you want to get the best services of Power of Attorney translation, you do not need to take tension as at Kings of Translation, the POA text is drafted keeping in view the legal system of a particular country and the original essence of the text.
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