POWERS OF ATTORNEY
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.
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.