Many people assume that their loved ones can automatically step in to manage their affairs if they become unable to do so due to illness or injury. However, without a Lasting Power of Attorney (LPA) in place, this is not the case. An LPA is a legal document that allows you to appoint trusted individuals to make decisions on your behalf if you lose mental capacity.
There are two types of LPA: Property & Financial Affairs and Health & Welfare. The former allows your chosen attorney(s) to handle financial matters such as managing bank accounts, paying bills, or selling property. The latter gives them the authority to make healthcare decisions, including medical treatment and care arrangements.
Without an LPA, your loved ones may have to apply to the Court of Protection to gain control over your affairs, which is a lengthy, costly, and stressful process. Additionally, there is no guarantee that the court will appoint the person you would have chosen yourself.
By putting LPAs in place, you maintain control over who will act on your behalf, ensuring that your financial matters and personal welfare are handled according to your wishes. It provides peace of mind for both you and your family, avoiding unnecessary legal complications during already challenging times.
At Harold G Walker Solicitors, we specialise in drafting LPAs tailored to your needs.
Take Control of Your Future with a Lasting Power of Attorney
Don’t wait until it’s too late – make sure your wishes are respected by setting up a Lasting Power of Attorney (LPA) today. Whether it’s managing your finances or making healthcare decisions, an LPA gives you control and peace of mind. Contact HGW Solicitors to create a tailored LPA that ensures your future is in the right hands.
Let us help you protect what matters most!