Lasting Power Of Attorney

If you are unable to manage your own affairs Lasting Power of Attorney appoints someone of your choice to do it for you

What Is a Lasting Power Of Attorney (LPA)?

  • A Property and Financial Affairs LPA allows your chosen person to handle your bank accounts, investments, bills and property.
  • A Health and Welfare LPA covers decisions about health and care.

Why Should You Have One?

  • If you lose mental capacity through illness it can cost your family time and thousands of pounds to be given permission to handle your affairs.
  • Joint bank accounts can become severely restricted.
  • This can be devasting especially if a pension or other oncome is paid into the account.

What Happens If You Don't Have A LPA?

  • If you are unable to look after your own affairs, your family will need to apply to the Court of Protection to have a deputy appointed to deal with everyday financial matters.
  • This can be a really slow and expensive process which is stressful for your loved ones at what would be a difficult time.

Any Questions? We will assess your circumstances and suggest the right options for you. Get in touch and we can offer advice with no obligation. Make the first step today and give us a call.

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