What is a Lasting Power of Attorney?
A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint one or more people to make decisions on your behalf if you lose the capacity to do so. This could be due to illness, injury, or age-related conditions such as dementia.
Why is a Lasting Power of Attorney Vital?
Many people assume that their next of kin will automatically have the authority to manage their finances or make medical decisions for them if they are unable to do so. However, this is not the case. Without an LPA in place, your loved ones may need to apply for a Deputyship through the Court of Protection, which can be costly and time-consuming.
An LPA ensures that you have control over who will make crucial decisions regarding your finances, health, and welfare should you become unable to do so. There are two types of LPA:
- Property and Financial Affairs LPA – This allows your chosen attorneys to manage your financial matters, including paying bills, managing bank accounts, and selling property.
- Health and Welfare LPA – This gives your attorneys the authority to make decisions regarding your medical care, living arrangements, and even life-sustaining treatment.
Our LPA Process – How We Help You
At Spectrum Solicitors, we guide you through every step of the LPA process to ensure you have the right arrangements in place. Our service includes:
- A detailed consultation with you (and any co-applicants) to understand your specific needs and requirements.
- Advice on appointing suitable attorneys, including guidance on their responsibilities and how they should act in your best interests.
- Expert recommendations on whether you need to include any special instructions or preferences to ensure your wishes are met.
- Completion and submission of all legal documents to ensure a smooth registration process.
Take Control of Your Future Today
Setting up a Lasting Power of Attorney is one of the most important legal steps you can take to protect your future. Don’t leave it too late – secure peace of mind for yourself and your loved ones today.
To book an appointment, call our office on 01653 916606 or visit Make, register or end a lasting power of attorney: Overview – GOV.UK for more information about LPAs.
Ensure your future is in trusted hands. Contact us now to get started.