Lasting Power of Attorney – Property and Finances

Lasting Power of Attorney – Property and Finances

The prospect of coping with a disability, failing mental health or the need for nursing home care is a sobering one. It can be a double blow for those who have failed to ensure their finances are in order. Resolving these issues when you are already frail and vulnerable is complex, costly and may involve your relatives making an application to the Court of Protection, if you do not have a Power of Attorney in place.

If you would rather focus upon enjoying life now, with peace of mind from knowing that your financial affairs are in order, one of the best ways is to prepare a Lasting Power of Attorney. If you have an elderly relative who is beginning to suffer from lack of memory and confusion, it is important to talk to them about making a Lasting Power of Attorney as soon as possible.

A Lasting Power of Attorney is a straightforward legal document authorising someone you trust to make decisions and act on your behalf in the future if you are unable to. The person you choose can be a friend, relative, or trusted advisor such as your solicitor at Poole Alcock.

The Power of Attorney document also includes safeguards to protect your interests. You can trust Poole Alcock to advise you or your relatives on the best way to use this important document to plan for the future.

If you would like more information about putting a Lasting Power of Attorney in place, contact a member of our specialist team today to get that added peace of mind.

Ensuring your Health and Welfare is Protected

Contact us today to arrange an appointment to discuss your Lasting Power of Attorney requirements.

We will draft the appropriate documents in accordance with your instruction and ensure all of the signing requirements are in order.

Once signed we will arrange to register your LPA with the Office of the Public Guardian, meaning that it can be used immediately, or at any time in the future that you require it.