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WebA power of attorney might be used to allow another to access bank accounts, sign a contract, make health care decisions, handle financial transactions or sign legal documents for the principal. A power of attorney may give others the right to do almost any legal act that the maker of the power of attorney could do, including the ability to ... WebDec 2, 2024 · Lasting powers of attorney. Any solicitor intending to give advice about a lasting power of attorney (LPA) or act as an attorney under an LPA must be aware of the provisions in the Mental Capacity Act 2005 (MCA 2005) and the Mental Capacity Act 2005 Code of Practice (Code of Practice). Solicitors should also be familiar with the relevant ... WebMar 8, 2024 · Types of powers of attorney. While all powers of attorney serve the same function of giving someone else authority to act for you, there are several types: A durable power of attorney. This type is applicable from the date it is executed. If you sign it today, your son can manage your bank account tomorrow without any further authorization. mark synott duff \u0026 phelps