What are the different ways of appointing attorneys?
There are different ways your Attorney can Act, if you are appointing more than one: they can either act jointly (which means that they must make all decisions together) or jointly and severally (which means that they can make decisions together or separately).
Quite often, people automatically think that they would want their Attorneys to act jointly. However, one issue with this can be that if one of the Attorneys is unable to act, for example if they are out of the country or if they predecease you, this could invalidate the document, and mean that none of your Attorneys can act at all.
Therefore, more often than not, it’s better to appoint your Attorneys to act jointly and severally.
In relation to how to appoint your Attorneys to act, it’s always best to seek legal advice from our team of expert LPA solicitors. Contact our experts if you are looking to make an Lasting Power of Attorney, and get it right first time.