Why you need a Lasting Power of Attorney
Lasting Powers of Attorney (LPA) are two of the most important legal documents you can create for your future. They allow you to nominate a trusted person to make decisions on your behalf should you lose the capacity to do so. Many individuals assume LPAs are only necessary for the elderly, but unforeseen circumstances such as accidents or illness can happen at any age, making an LPA an essential part of life planning.
What Is a Lasting Power of Attorney?
An LPA is a legal document that enables you to appoint one or more individuals (known as attorneys) to manage your affairs if you cannot do so yourself. There are two main types of LPAs:
Health and Welfare LPA
- Covers decisions about your medical treatment, living arrangements, and other personal matters.
- Only comes into effect if you lose the capacity to make these decisions yourself.
Property and Financial Affairs LPA
- Allows your attorney to manage your finances, such as paying bills, managing investments, or selling property.
- Can be used as soon as it is registered with the Office of the Public Guardian (OPG), provided you give permission.
Understanding Lasting Powers of Attorney
Learn why setting up a Lasting Power of Attorney (LPA) is crucial for your future. Our downloadable guide, “Understanding Lasting Powers of Attorney”, provides a clear overview of how an LPA can protect your finances and healthcare decisions.
Updated Information
Recent legislative reforms aim to modernise the LPA process. These updates include introducing digital applications, enhancing safeguards against fraud, and improving
efficiency. However, despite these changes, processing times for registering LPAs remain extended due to high demand and administrative delays. Errors in applications, such as missing signatures or incorrect details, can further prolong the process. This highlights the importance of accurate documentation and early preparation to ensure your LPA is in place when needed.
Why Is a Lasting Power of Attorney Important?
Financial Hardship
Limited Control
Why Choose Professional Guidance
Personalised Advice
Tailored guidance to suit your specific needs and preferences.
Accurate Documentation
Ensuring all legal requirements are met, reducing the risk of rejections.
Efficient Registration
Managing the submission and tracking of your application with the OPG.
Creating an LPA is a significant decision that requires careful planning. Don’t wait until it’s too late to secure your future. Contact us today to discuss how an LPA can provide protection and reassurance for you and your family.
Contact us for a free initial consultation
Don’t leave your future to chance. Contact us today to set up your Lasting Power of Attorney and ensure that your financial and healthcare decisions are made by the people you trust most.
Need to set up an LPA? Contact us today to protect your future and your loved ones.