We all hope to live long and healthy lives but we may not always be able to manage our own affairs. If you were to suffer physical or mental incapacity, a Lasting Power of Attorney could make your live and the lives of those around you easier as well making sure your wants and needs are taken care of. Some of us finding dealing with money and paperwork difficult at the best of times but if you become unable to manage your own affairs for any reason, it may be impossible.

If you don’t have LPAs, then the only way that your affairs can be managed is by application (by a relative or friend) to the Court of Protection. Not only is this likely to cost considerably more than LPAs, but it will take several months. Most people can’t wait months. During this time your finances and those of people around you could be seriously damaged, decisions could also be made by someone you wouldn’t have chosen. In the case of non-financial affairs, decisions could be in the hands of those unfamiliar with your wishes.

A Lasting Power of Attorney allows you to appoint people you know and trust to look after your finances and welfare should you no longer be able to too or when you would like help. It is a legal document which gives authority and can also include preferences and instructions if you so wish. In some cases it might be suitable to appoint a professional but generally only if there really is no one else available or your affairs need a professional.

Not only do LPAs cover the everyday things we do such as managing finances, dealing with financial institutions, paying bills, signing cheques and dealing with your bank they also cover buying or selling property and making decisions on medical and life-sustaining treatment. They are also important to those of us who have their own businesses or a share in them.

Powers can be restricted under LPAs too. For example, if  business related you might wish to appoint fellow directors/partners or even your accountant to make business decisions rather than your family.

These are therefore powerful documents which need proper consideration and advice.

No obligation advice and a promise

Our promise is to let you decide at your own pace and treat your family like we would our own.