Protect Your Own Best Interests With an L.P.A.
Great News! You are still here alive and kicking! BUT, What if...
What if, at some time in the future, you were dealt an unexpected blow... a serious illness or accident that resulted in you being unable to make your own decisions. You may think that your spouse or partner can automatically look after your affairs for you...You may be surprised to learn this is not the case.
Now is the time to ensure YOUR best interests are protected in case you ever became unable able look after your own affairs.
So, who could take care of things for you?
- Pay Your Bills, manage and operate your bank accounts? In certain circumstances, Joint Accounts can be restricted which could leave your spouse and family in financial difficulties for some time.
- Attend to your personal business? Correspondence etc
- Arrange your medical care and/or residential care?
- Run any commercial business you own? Invoices, stock orders, sales, payroll, tax affairs, etc.
You may say, "My spouse / partner / daughter /son / friend"
They can... but ONLY if they have the Legal Authority to act and deal with many of these matters. That legal authority is a Lasting Power of Attorney (LPA).
There are two main types of LPA
1. Property and Financial Affairs
2. Health and Welfare
It is incredibly prudent to be put one or both of these in place NOW while you are still well and mentally capable to do so.
There is also a specialised Business Lasting Power of Attorney that is a vital document for business owners...and self-employed people.
A Lasting Power Of Attorney (LPA) is a powerful legal document that you can put in place now, while you are well and able.
An LPA gives the person(s) you have chosen ( e.g. spouse, son, daughter, friend) the legal authority to immediately look after your financial affairs and, if you wish, your health and welfare if ever, at any time in the future, you become unable to do so yourself.
Without an LPA your family are very likely to encounter significant difficulties accessing your monies and other assets or having an effective say in your care. This could put them under considerable emotional and financial strain at that time.
Moreover, if an illness or accident leaves you unable to make your own decisions you are now deemed a vulnerable person, and the Court of Protection and O.P.G. become involved.
The Court of Protection will appoint somebody to make all your decisions for you. This will involve cost, paperwork, and many months of waiting for somebody to act. The person they appoint may not be the one you would have chosen. You can avoid all these potential stresses and difficulties by making your LPA now.
We can help you make the right LPA for your needs and wishes.
Once you have lost mental capacity it can be too late to appoint somebody you might want to act for you.
Make your Lasting Power of Attorney now and you can choose who you want. It will make it much easier for your spouse and others and they will be so glad that you did.
Protect your own best interests NOW