We believe a lasting power of attorney should be a cornerstone of any later life planning.
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We believe a lasting power of attorney is an essential part of later life planning, in conjunction with a well drafted will.
An LPA will only take effect if/when you lack the capacity to make decisions for yourself during your lifetime. Sadly, the most common causes of losing capacity are through dementia or a stroke.
Personal finance – appointing someone to make decisions regarding money matters (such as selling a house, paying bills and accessing bank accounts).
Personal welfare – appointing someone to decide on what care you require, where it will be made and who delivers it. This can sometimes extend to decisions regarding life sustaining treatment.
Both lasting powers of attorney allow you to appoint one or more people to deal with your affairs while you are unable to do so.
By having LPAs in place, this will avoid unnecessary and costly interference from the local authorities and the Court of Protection.
LPAs ensure you are looked after by those who know you and have your best interests at heart.
An LPA is only valid if registered with the Office of the Public Guardian.
Most people will put LPAs in place at the same time as writing their will. This ensures that your wishes are respected both in life and after death.
Please contact us to discuss making and registering your LPAs.
One LPA – £225 + court fees (currently £82)
Both LPAs – £349 + court fees (currently £164)
One LPA each (either finance or welfare) – £349 + court fees (currently £164)
All four LPAs – £649 + court fees (currently £328)