Anyone of any age can have an accident, suffer unexpected heart attack or potential develop dementia.
Some people think if you lost capacity then a close family member or spouse can take over the reins to access your money and even pay for your care. Unfortunately that is simple not the case unless the proper paperwork is in place.
A Lasting Power of Attorney (LPA) is a legal document which allows you to appointment someone else to manage your affairs on your behalf in the future, should you become mentally or physically unable to do so.
Without a valid LPA in place your assets maybe be frozen even of you have joint accounts. Your loved ones would need to apply to the Court of Protection for a Deputyship Order to appoint a suitable person to manage the incapacitated person’s affairs. which is much more costly and time consuming.
Making an LPA is, in some ways, like taking out an insurance policy. It is a one-off transaction. We hope we will never need to use it but should we need to we have peace of mind.
It’s a good time to get it your LPA in place as the Court has reduced its registration fee from £110 to £82 per application. Speak to us today to get a clear and complete LPA creation quote which is backed by our award-winning customer service and expertise.
Our friendly team is understanding, professional and clear, at all times.
We’ll give you jargon-free advice without any hidden costs.