Lasting Powers of Attorney

No one likes to think about what would happen if we lost capacity unexpectedly. Sadly, the unexpected does happen which can cause problems for you and your loved ones. It is therefore important to plan ahead in order to ensure things run smoothly should this unfortunate situation arise. Preparing for the future whilst we are fit and well is something we should all consider.

By making a Lasting Power of Attorney (LPA) you are able to choose someone to look after your affairs, should you become incapable of doing so yourself. This person is known as an Attorney. You can choose to appoint a friend, relative or a professional to act as your Attorney. An Attorney is granted authority to deal with your property and financial decisions and/or your health and welfare. The role carries considerable responsibility and as such, it is crucial your Attorney is someone you trust to act in your best interests.

Unfortunately, we find that many of our clients fail to plan ahead whilst they are fit and well and only start thinking about a LPA when it is too late.

If a person has lost capacity and does not have a LPA in place, matters become more difficult. In this instance, the only option available is to apply to the Court of Protection to be appointed as a Deputy. This can be a very long and expensive process, whereas a LPA can be prepared quickly and is considerably cheaper.

Our team believe that preparing a LPA is equally as important as preparing a Will. Not only does it allow you to maintain control over who makes decisions on your behalf, it can provide peace of mind and stability for you and your loved ones.