Many of us worry about what would happen if there came a time when we are unable to manage our financial and legal affairs or make important decisions due to serious injury, illness or old age.
A Lasting Power of Attorney (LPA) is a legal document that prepares for this happening. It allows you to appoint someone you trust to make decisions on your behalf should it be necessary. Rather like taking out an insurance policy, putting an LPA in place is a way of protecting you and your loved ones against the unexpected.
If you do not have an LPA in place and become unable to manage your own affairs, your loved ones will then need to apply to the Court of Protection to appoint someone to act on your behalf. This can be costly and time-consuming and can cause more stress for those close to you at a difficult time. It could also potentially lead to someone being appointed to make key decisions about your legal and financial affairs that you would not want to give that level of control.
There are two types of LPA, one deals with property and financial decisions and the other is concerned with health and welfare matters. To find out more about LPAs click here.
To find out more information on our Lasting Power of Attorney services or to make an appointment to see us, call Freephone 0800 884 0777 or complete our form.