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Lasting Power Of Attorney
Many of us worry about what might happen if there comes a time when we are unable to make important decisions or manage our financial and legal matters due to serious injury, illness, or old age.
Putting a Lasting Power of Attorney in place is rather like taking out an insurance policy, protecting you and your loved ones now and in the future.
Our specialist solicitors have years of experience in Lasting Powers of Attorney and can help you put plans in place to make sure your wishes are carried out, whatever happens.
What Is A Lasting Power Of Attorney?
A Lasting Power of Attorney (LPA) is a legal document which gives another person (or people), the authority to make important decisions on your behalf. It gives you more control over what happens to you if you have an accident or an illness and cannot make your own decisions (often referred to as having no mental capacity).
Who Needs A Lasting Power Of Attorney?
A Lasting Power of Attorney can help you put plans in place for the future. It provides security and peace of mind for you and your loved ones, letting you decide what should happen if old age, illness, or serious injury leaves you unable to manage your own affairs.
If you do not have a Lasting Power of Attorney, your family and friends may find it difficult to sort out your financial and legal affairs and may not know your wishes.
They may need to apply to a special Court, known as the Court of Protection, to become a Deputy, so that they are authorised to make decisions on your behalf. This can be costly, time-consuming, and stressful for those closest to you at a difficult time.
Prepare For The Unexpected With An LPA From Novum Law
Unexpected things happen. A sudden illness such as a stroke, heart attack, the onset of Alzheimer’s disease (dementia) or a serious accident can leave us dependent on others.
Our expert team are here to offer you guidance on what you need to do to ensure your wishes are followed if there comes a time when you lack mental capacity.
We will offer advice and support every step of the way so that your best interests are looked after, and your loved ones can take care of things if you are unable to manage your affairs.
Lasting Power Of Attorney With No Hidden Costs Or Fees
At Novum Law, we are dedicated to helping and supporting people manage their financial and legal affairs, whatever their situation.
With fixed fees agreed upfront, our promise to you is that there will be no hidden costs or fees or unforeseen extras, giving you complete peace of mind.
Frequently Asked Questions
If you lose mental capacity without a Lasting Power of Attorney in place, your family or friends will have to apply to the Court of Protection to appoint a Deputy to make decisions for you. They will usually appoint a solicitor as a Deputy so they can help make impartial decisions that are in your best interests.
Your LPA will come into effect if you lose mental capacity, or if you no longer want to make decisions for yourself.
Once your solicitor has submitted your forms to the Office of the Public Guardian, registration for your LPA should take between 8 and 10 weeks.
Yes, there are two types of Lasting Power of Attorney, one deals with property and financial affairs and the other is concerned with health and welfare matters.
A property and financial LPA deals with decisions such as:
- Paying household bills
- Buying or selling your property
- Home maintenance
- Making investments
- Giving gifts
A health and welfare LPA will cover decisions including:
- Your living arrangements
- What medical care you need
- Your dietary needs
- Who you should have contact with
- Your social life
- Your wishes regarding end of life medical treatment
You can have just one LPA, or you can choose to have both types of LPA, it is up to you. You can also appoint the same person to make decisions on your behalf (known as your attorney) for both types of LPA or choose different attorneys for each.
Although it is possible to apply for an LPA yourself using the Government’s online service, it is easy to make mistakes which may result in your application being rejected. There is also a risk that you create an LPA that does not suit your specific needs.
Seeking specialist help from a solicitor with experience in Lasting Powers of Attorney will provide you with the reassurance that you are making informed and appropriate decisions that safeguard your wishes for the future.
A specialist solicitor will be able to answer any questions you have and make suggestions on how to make an LPA which reflects your best interests. If your affairs are complex (e.g. overseas property or business assets are involved) it is strongly advised you seek professional legal advice to prevent issues further down the line.
An LPA cannot be amended as time passes. If changes are required, a completely new LPA needs to be made. An experienced LPA solicitor will help you to get it right the first time.
LPAs are often made at the same time as Wills. If you do not have a Will or would like to update your Will while your LPA is being created, your specialist solicitor can also help with this, giving you complete peace of mind that all your financial and legal affairs are being put in order.
You should choose someone you trust to make crucial decisions that are in your best interests.
You can choose one or more people to be your attorney. If you appoint more than one, you must decide whether they will make decisions separately or together.
Your attorney needs to be aged 18 or over and could be your partner, a family member, a friend or a professional (such as a solicitor).
You must appoint someone who has the mental capacity to make their own decisions and they do not need to live in the UK or be a British citizen.
If you have a question that is not listed above, please visit our FAQs page. Alternatively, please call our specialist team on Freephone 0800 884 0777 or contact us online for a free, no-obligation chat.
Speak To Us About Making A Lasting Power Of Attorney Today
If you want to make a Lasting Power of Attorney, or require assistance with any other aspect of your financial and legal affairs, such as Wills, Trusts, Inheritance Tax or Probate and Estate Administration, our expert, friendly solicitors in Bristol, Cardiff, the Isle of Wight, Plymouth, Salisbury, Southampton and Swindon can help.
To arrange an initial consultation, contact us on Freephone 0800 152 2246, email firstname.lastname@example.org or fill out our contact form for a free, no-obligation chat.