Lasting Powers of Attorney
A Lasting Power of Attorney ('LPA') allows you to nominate a person who will help to manage your affairs or take decisions for you should you become incapable of doing so or in certain cases simply because it makes life easier for you.
The benefit of making a LPA allows you to plan in advance the decisions you want made on your behalf if or when you lose capacity, the people you want to make these decisions and how they are made.
There are two types of LPA:
- Property and Financial Affairs LPA's - dealing with financial matters which will allow your attorney to operate your bank accounts and to take decisions relating to your property.
- Personal Welfare LPA's - dealing with medical and welfare matters which allow your attorney to take decisions relating to your healthcare and living arrangements in the event that you lose your mental capacity.
An LPA is a lengthy and complex document and it is important that you take expert advice to ensure that any appropriate restrictions are included and that it is properly registered with the Office of the Public Guardian (OPG). In addition if you were to become incapable of managing your affairs without having a LPA in place your loved ones would have to undertake a lengthy and sometimes costly application to the Court of Protection to be appointed your Deputy before they were able to help with managing your affairs.
Our charges for preparing and registering Lasting Powers of Attorney start at £250.00 + VAT
