A Lasting Power of Attorney is for everyone
We all live our lives hoping that nothing will stop us from making decisions about our future. But if something did happen, many of us believe that our loved ones will automatically be able to look after our financial affairs and make health and welfare decisions for us . It may come as a shock to learn that this is not the case, that’s why you may want to have a Lasting Power of Attorney, (LPA), in place.
I’ve been appointed as a Power of Attorney – What does that mean?
Learn the key responsibilities of being a Power of Attorney, when duties start, and how to stay legally compliant. Read our guide for expert advice.
The laws surrounding Lasting Powers of Attorney
Learn about Lasting Powers of Attorney, the types available, and how they interact with the law.
What will happen if I do not have a Lasting Power of Attorney?
If you lose mental capacity to make your own decisions and you do not have a valid Lasting Power of Attorney (LPA) in place then your family do not have the legal authority to manage your affairs.
Don’t leave it too late to make your Lasting Power of Attorney
Every three minutes, one person in the UK develops dementia. If this happens, your relatives won’t be able to just walk into a bank and access your money, even if it is to pay for your care.
What if?
What would happen to you, your home, your ongoing care and your assets if you lost the mental capacity to make decisions by yourself? Alternatively, if you are in hospital with an ongoing illness, or struggling to get out and about following an operation, how would you be able to access your finances?
Why it’s Never too Early to Arrange Lasting Powers of Attorney
If we’ve learnt one thing in this last year, it’s that our lives can change direction without warning at any time. We’ve all heard about family members stranded abroad as airports shut down, or people left without access to funds as they’re required…