A Lasting Power Of Attorney Is An Important Part Of Planning For The Future
An LPA is a completely separate legal document from your will, although many people decide to complete the process at the same time as their will as part of planning for the future.
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Give the power of important decision making to a loved one when you no
longer Make decisions on behalf of loved ones when they no longer can.
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There are a number of reasons that you might need an LPA
You might not want to, or be unable to, make decisions for yourself,
This could be:
- A short term situation, for example a stay in hospital making it hard for you to pay your bills or other financial commitments.
- A Long term situation, for example being diagnosed with dementia or may lose mental capacity in the future.
Either way, taking the time to prepare for the future with an LPA means that you can have peace of mind that
someone you trust can look after your affairs when you are unable to. It is important to note that you can
only complete a lasting power of attorney whilst you have the legal capacity to understand the document.
This means you cannot sign over decisions to someone else if you have lost mental capacity due to an
accident or age.
A Lasting Power of Attorney is an important part of planning for the future. It ensures that there is no
expensive and time consuming last minute legal work needed for your loved ones. With an LPA in place you
can rest assured that someone you trust is in place to legally manage your affairs when you are not able to.
You're In Good Hands
Who Needs A Lasting Power of Attorney?
A Lasting Power of Attorney is useful in a whole range of situations, for example if you had
an accident, lost mental capacity, or became seriously unwell and unable to make day-to-
day decisions about your health, welfare or financial situation. Lots of these situations can
come out of nowhere, without much warning.
Which is why anyone above the age of 21 should consider having a Lasting Power of
Attorney, so you're prepared for whatever life throws your way.
It's impossible to know if or when you might need an LPA but it's essential to have if you
were to lose mental capacity. It can be more important the older you are as illnesses such
as dementia become a higher risk.
