None of us like to imagine being unable to manage our own affairs. Yet an accident, illness or loss of mental capacity can happen at any stage of life—and family members do not automatically gain the right to step in and act on your behalf.
Why an LPA matters
A Lasting Power of Attorney (LPA) gives people you trust the legal authority to make decisions for you. There are two types of LPA. One LPA deals with property and finances, including bank accounts, bills and your home. The other covers health and welfare, such as medical treatment, care and where you live.
Without an LPA, banks and other organisations may refuse to deal with those closest to you. Bills can go unpaid, property matters may stall and important care decisions can become more difficult. This can be very stressful for your loved ones who are trying to assist you at that time.
Instead, a relative may have to apply to the Court of Protection to become your deputy. That route is often slower, more costly and more restrictive—and the court, rather than you, decides who is appointed. This route should be avoided where possible.
An LPA must be made while you still have the mental capacity to do so.
For help and advice with your LPAs contact Associate Solicitor, Claire Haywood at Alexander & Co Solicitors to discuss how an LPA could protect you and your family.
