Lasting Power of Attorney

Property & Finance Lasting Power of Attorney

A "Property and Financial Affairs" LPA allows your loved ones to deal with paying your bills, buying and selling your property and managing your bank accounts and investments.

Dealing with someone’s finances should they become incapacitated or ill is a complex process. Setting up an LPA allows someone that you trust to act on your behalf should the need arise.

Your chosen attorney can then manage your affairs in your best interests until you are able re-take control or for the longer term, if necessary.

Health & Welfare Lasting Power of Attorney

A "Health and Welfare" LPA covers decisions about health and care and even deciding where you are to live. This can only be used if someone is incapable of dealing with such matters themselves.

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According to the Alzheimer's Society, more than 1 million people in the UK will have dementia by 2025. More than 1 in 5 people over 85 already suffer from this, with rates significantly higher amongst women than men.

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Risks of not having an LPA.

If you haven’t set up an LPA your loved ones may have to turn to The Court of Protection who will appoint a deputy to manage your affairs, which is time-consuming and costly. Even with the correct documents this can be tricky area, without them it is a minefield. An LPA helps avoid distress and cost in the future.