Recognising the importance of a Lasting Power of Attorney
You may be thinking “Why should I bother making a Power of Attorney? There is nothing wrong with me” or “It’ll never happen to me…” however, this is a common misunderstanding.
Setting up a Lasting Power of Attorney (LPAs) can be likened to the purchase of a house insurance policy. You would hope that your house won’t burn down, but if it did, then knowing that you have house insurance in place can make a real difference in putting your mind at ease. The same goes for having an LPA in place.
Lasting Powers of Attorney are documents whereby you appoint a person or persons to make personal health and welfare decisions on your behalf or handle your finances should you become incapable or unwilling to do so.
Why is having an LPA so important?
By incorporating an LPA into your care planning allows you to make decisions and choices about your future care in advance. It allows you to put in writing your preferences in terms of how you would like to receive care, treatments and how you would like your finances to be handled in the case of you becoming incapacitated.
Postponing making an LPA may cause issues later. If you do not have an LPA in place and you do become uncapable of making decisions or taking care of yourself your loved ones may be put in a difficult and often expensive position which will involve them having to apply for a ‘deputyship’ through the court. This can be a lengthy process and in the intervening period, it can perhaps be difficult to access finances, such as bank accounts or savings.
Should decisions need to be made about your health, these can often be made based on what others consider to be in your best interests. However, their view of what is in your best interests may differ from yours, but if you have an appointed person/persons these decisions can then be made by someone who knows your wishes well.
So, what do I do now?
The choice is completely yours. Are you happy to ask someone to make decisions on your behalf if you are unable to? If so, a Lasting Power of Attorney is for you.
Our team of specialist solicitors are on hand to help guide you through every stage of the process. We are able to assist you in preparing and registering documents so that your LPA is valid and ready for use should the time come, avoiding any delays and financial difficulties in the future.
We also offer:
- Clear, impartial advice on your options from specialist solicitors
- A flexible service with fixed fees for each stage of the LPA process
- Assistance to attorneys appointed under an LPA in carrying out their duties
- Assistance with general Powers of Attorney
For advice about Lasting Powers or Attorney, financial arrangements, or any aspect of long-term and elderly care, please contact our friendly team of specialist care solicitors. Call 0117 906 9400 or email email@example.com.