Taking care of all your affairs in one place
If, at some point in the future you were unable to look after your own property and financial affairs or your own care and welfare, have you considered what might happen?
As we are now generally living longer, it is sensible to put in place a Lasting Power of Attorney (LPA). By doing so, you are able to choose who has the legal authority to manage your affairs and speak on your behalf if, in the future, you lose capacity to do so yourself because of physical illness, frailty or mental health issues.
If you don’t have an LPA and lose the capacity to manage your own affairs, it is likely that an application would have to be made to the Court of Protection which can be costly and time consuming.
Our solicitors can ensure that an LPA is correctly set up. We can advise on the different types of LPA and which are most suitable for your personal needs, including:
- Lasting Power of Attorney for Property and Financial Affairs
- Lasting Power Of Attorney for Health and Welfare
- Ordinary Power of Attorney (POA)
You may also have heard the term ‘Enduring Power of Attorney’ (EPA which were replaced by LPAs in October 2007. Although EPAs are still valid, LPAs offer more flexibility, so if you still have an older style EPA, get in touch with us and we can explain your options.
We also provide legal support to relatives who need to make an application to the Court of Protection, where an LPA has not been put in place.
If you would like help or advice on any issues relating to LPAs or Court of Protection matters, get in touch with our expert team now for a free, initial conversation.