In the future, it may not be possible to manage your own financial or welfare matters without help from someone else. Unfortunately, whether we are young or old, we can’t predict our future health. Naturally, we don’t want to think about developing a degenerative illness, such as Dementia, having an unexpected accident, or a stroke. We are here to help you to plan for such unexpected events, to ensure that you and your loved ones are protected.
Our Approach to Lasting Powers of Attorney
We will make a convenient time to see you to discuss your Lasting Power of Attorney, whether this is at our office, or at your home. We will listen to you, ask you why you would like to make a Lasting Power of Attorney and find out more about who you would like to appoint to make decisions for you (your ‘Attorneys’). We will complete the Lasting Power of Attorney forms for you, have the document signed by all parties, and arrange for it to be registered at the Office of the Public Guardian. We do all of this for you, for a fixed fee.
Do I need a Lasting Power of Attorney?
The short answer is ‘Yes’, we should all have a Lasting Power of Attorney in place, young or old. It is important that you make Lasting Powers of Attorney while you have the mental capacity to do so. If you become incapable of managing your affairs in the future, your loved ones do not automatically have the power to deal with your affairs or make health decisions on your behalf if you lose capacity. In fact, due to strict Data Protection Laws, they will not be able to access your bank accounts, pay your bills, switch your savings to an account with a higher rate of interest, cancel subscriptions, sell your property, renew your house insurance etc. Therefore, a Lasting Power of Attorney is vitally important to ensure your loved ones aren’t placed in a very difficult position in the future. If you become unable to manage your affairs or cannot make decisions about your own health and welfare, in most circumstances an application will need to be made to the Court of Protection to ask for an Order to be named as your Deputy. An application to the Court of Protection is a costly and time-consuming process.
There are two types of Lasting Power of Attorney (‘LPA’):
- Property and Financial Affairs LPA – your attorney can make decisions on buying or selling your property, paying your bills, opening and closing bank accounts etc.
- Health and Welfare LPA – your attorney can make decisions about your healthcare such as where you live, your medical treatment, your meals, your social activities etc.
For more information, our FAQs may be helpful:
We will be happy to discuss this and any other matters with you. The first step is to contact one of our highly experienced and specialised team on 01670 512 336 or email firstname.lastname@example.org to find out how we can help you make a Lasting Power of Attorney.