Lasting Powers of Attorney
It’s never too late to take action, even if your loved one has already lost capacity.
What is a Lasting Power of Attorney?
A Lasting Power of Attorney (LPA) is a fundamental component of planning for later life, along with drafting a will. An LPA becomes essential if you are no longer capable of making your own decisions, often due to conditions like dementia or a stroke.
LPAs are categorised into two types: Personal Welfare and Personal Finances, each permitting you to nominate one or more trusted individuals to manage your affairs if you are incapacitated.
Personal Welfare
Your appointed attorneys will have the authority to oversee your care preferences, including the type of care, the providers, and the location. They may also make critical decisions regarding life-sustaining treatments.
Personal Finance
Your attorneys are empowered to handle your financial obligations, including paying bills, overseeing investments, and managing real estate.
About The Arrangement
This arrangement:
- Designates trusted individuals to manage your Personal Finances and/or Personal Welfare.
- Prevents interference from courts and local authorities, ensuring decisions are made by those who understand your wishes.
- Offers a cost-effective and straightforward solution to managing complex situations.
Should you require guidance on setting up an LPA, registering one, or navigating the Court of Protection, do not hesitate to contact us. Remember, it’s never too late to take action, even if your loved one has already lost capacity.
Our experienced team is proficient in assisting with Deputyship Orders and navigating the complexities of legal and court processes. Reach out today for the help you need.