Lasting Powers of Attorney
Secure Your Future with a Lasting Power of Attorney
A Lasting Power of Attorney (LPA) is a legal document that ensures someone you trust can make important decisions about your health, care, or finances when you are no longer able to do so yourself. Planning ahead provides peace of mind and prevents potential legal and financial complications.
Why You Need a Lasting Power of Attorney
If you lose the ability to make decisions for yourself, having an LPA in place means:
- Reassurance: You know who will be making decisions on your behalf.
- Avoid Delays: Without an LPA, a close relative, friend, or solicitor must apply to the Court of Protection to become your “Deputy.” This process can take months and be costly.
- Uninterrupted Access to Finances: Without an LPA, your finances could be frozen until a Deputy is appointed, causing significant inconvenience and potential hardship.
Types of Lasting Powers of Attorney
Health and Welfare Lasting Power of Attorney
- Decisions Covered: Social care issues, medical treatment, including life-sustaining treatment.
- Flexibility: You can specify the conditions under which your Attorney can act and provide guidance on how you would like decisions to be made.
Property and Financial Affairs Lasting Power of Attorney
- Decisions Covered: Buying and selling property, managing investments, opening and closing bank accounts, claiming benefits and pensions, and running your business.
- Control: You can impose conditions and restrictions on how your Attorney can manage your property and finances.
Key Features of a Lasting Power of Attorney
- Donor: The person making the LPA.
- Attorney: The person authorized to act on the Donor’s behalf.
- Flexibility: Appoint one or more Attorneys, set conditions, provide guidance, and choose a replacement Attorney.
- Registration: An LPA must be registered with the Office of the Public Guardian before it can be used.
Take Control of Your Future Today
Contact us to learn more about setting up a Lasting Power of Attorney and ensure your wishes are respected and your interests protected.
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