Lasting Power of Attorney:
A Crucial Step in Estate Planning
A Lasting Power of Attorney (LPA) is a key
part of estate planning that ensures your preferences are known and respected if you become unable to make decisions for yourself. It’s a step toward peace of mind, offering security for you and your loved ones.
Plan Ahead: Lasting Power
of Attorney Explained
Secure Your Future Decisions
Appoint a trusted representative to carry out your personal wishes.
Lasting Power of Attorney (LPA) is a vital legal document that allows you to appoint someone you trust to make decisions on your behalf if you are unable to do so yourself. This ensures that your preferences regarding health, finance, and welfare are respected and adhered to, providing peace of mind for both you and your loved ones. It's essential to plan ahead and have your wishes documented clearly.
Advantages of Having a Lasting
Power of Attorney
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Ensure your wishes are respected when you can’t communicate them.
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Avoid potential family disputes regarding decision-making.
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Protect your assets and ensure they are managed according to your wishes.
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Reduce the stress of unforeseen circumstances for your loved ones.
Personal Consultation
We’ll meet with you to discuss your specific needs and wishes, ensuring a tailored approach to your LPA.
Creating Your LPA
Our experts will guide you through the process of drafting a comprehensive Lasting Power of Attorney.
Registration
We handle the entire registration process, ensuring your LPA is legally binding and ready for use if needed.
Secure Storage
Rest easy knowing your LPA documents are safely stored and easily accessible when needed.
How can we help
Frequently Asked Questions
1. What is a Lasting Power of Attorney?
An LPA is a legal document that allows you to appoint someone to make decisions on your behalf if you're unable to.
2. Who can I appoint as my attorney?
You can appoint a trusted family member, friend, or professional adviser.
3. What decisions can my attorney make?
Your attorney can make decisions about your finances, health care, and welfare.
4.Can I have more than one attorney?
Yes, you can appoint multiple attorneys to act jointly or separately.
5. What happens if I lose mental capacity?
Your attorney will step in and make decisions as per your instructions outlined in the LPA.
6. Can I change my LPA?
Yes, you can revoke or amend your LPA as long as you have the mental capacity to do so.
Planning Ahead for Peace of Mind
Protect your interests and ensure loved ones are well-supported
There are two types of Lasting Power of Attorney: Property & Financial Affairs, and Health & Welfare. Having both is crucial, as they cover different aspects of decision-making. A Property & Financial Affairs LPA allows your appointed attorney to manage finances, while a Health & Welfare LPA gives them authority over medical and care decisions. Since October 1, 2007, Enduring Powers of Attorney are no longer available, replaced by these more comprehensive LPA documents to ensure every aspect of your well-being is covered.
Capacity Vault Services
Secure your LPAs and other essential documents with our Capacity Vault service. For an annual fee of £36 incl. VAT per annum, we provide a safe, accessible location for your documents, ensuring they’re available when your family needs them most. Don’t leave it to chance—our secure storage offers peace of mind, knowing your final wishes will be honored without complications.
