Lasting Power of Attorney (LPA)

These are vital documents and are a must to ensure that if you lose mental capacity or became unable to manage your own affairs, the people YOU want to make those decisions for you are legally able to do so! These people would need to become your Attorneys and you must arrange this whilst you have the capacity to do so!

We all associate losing capacity with Alzheimers and Dementia but what if you were to have a serious accident?

MYTH: We have a joint bank account so we don’t need an LPA

– this couldn’t be further from the truth and the reality is that if someone loses capacity without an LPA in place, their assets are frozen, including jointly owned assets

If a loved one loses mental capacity and there is not an LPA in place you would need to apply to The Court of Protection to become their ‘Deputy’.

Claim your free £25 gift card voucher against any new Wills and Lasting Power of Attorney Appointments taken out in October – call to book your appointment 0345 475 0021.

This process could take up to 12 months, cost in excess of £2000 and there is no guarantee that your application will be successful.

…….remember, you might not be able to access your own money if it is in a joint bank account!

There are 2 types of LPA;

– Property & Financial Affairs

– Health & Welfare

An LPA must be registered with the Office of the Public Guardian (OPG) before it can be used so the best advice is not to wait until you need it because it might well be too late.

The OPG charge a registration fee to register each LPA but this can be reduced or waivered depending on your personal circumstances.

Contact us to discuss LPAs in detail!  See also The Banks -v- Goodfellows Test in our FAQS