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A Lasting Power of Attorney (LPA) is a recognised legal document that allows you to appoint those you trust the most (your attorneys) to make decisions on your behalf, should you ever need them to.
It’s really important for you and your dependents that you arrange them now while you are fit, well and able to.
As we get older, accidents or illness can strike at any time. In fact, the Alzheimer’s Society states there are currently around 850,000 people with dementia in the UK (40,000 are under 65). This number is set to exceed one million by 2025.
So if a time does come when you can no longer handle your own affairs the way you want to, your LPA will ensure your spouse/partner, children or a close friend can handle all these important matters for you.
There are two different types of LPA. Just click on the links below to see how these essential documents can each serve to protect you during your lifetime:
Or if you’d prefer to chat to someone about this, simply call us today on free phone 0800 411 8668.
It is entirely your choice who will be your attorney(s). However, they must be over 18 and cannot be paid care workers.
People often choose their spouse, partner, children, sibling or a close friend to fulfill this role, but you can ask an accountant, solicitor or other professional. Do bear in mind they are likely to charge for their time.
Two more points. You do not have to appoint the same people on both LPAs, and for a Property & Financial Affairs LPA your attorney(s) cannot have been declared bankrupt.
Through our legal partners, we can offer a professional, personal Lasting Powers of Attorney service.
Right from the start, you’ll be assigned a dedicated legal adviser who will take care of everything for you.
They’ll take the time to get to know your individual circumstances, needs and wants, and will work meticulously to ensure your documents cover absolutely everything you need them to.
They will expertly prepare these essential legal documents for you, either on their own or alongside your equity release application.
You can speak to our friendly and professional team right now on free phone 0800 411 8668.
Lasting Powers of Attorney replaced the old system of Enduring Powers of Attorney (EPAs). EPAs created before October 2007 may still be valid, and our specialists can advise you on this.