It is difficult to comprehend that you would ever lose the ability to manage your own affairs but mental and physical incapacity can happen to anyone at any time.
It is anticipated that by 2040 nearly one in seven people will be over the age of 75 (Government Office for Science) and by 2025 more than 1 million people in the UK will suffer from dementia (Alzheimer’s Society). Younger people are not immune; they too can suddenly become incapacitated from an accident or illness.
It has become more important than ever before to have a Lasting Power of Attorney (LPA) in place. It will ensure that you have the freedom to choose those individuals you trust to manage your affairs in the event you become incapacitated.
If you do not have an LPA in place and you later lose the ability to make or communicate decisions, you would no longer be able to make an LPA, rather it would be necessary for your family or friends to apply to the Court of Protection to access and gain control of your assets. These could be individuals you may not have necessarily chosen to act on your behalf and the application can be both a time consuming and very expensive process, so it is best to get an LPA in place as soon as you can before it is too late.
Our team of solicitors can help you put in place your Lasting Power of Attorney quickly and simply. We have many years of experience in estate planning and preparing powers of attorney and our team includes members of STEP, the Society of Trust and Estate Practitioners.
There are two types of LPA:
We can help you decide which one is best for you by filling out the form below.
We are able to take you through the process with as few complications as possible, whilst acknowledging and catering for your own unique situation.
For example, if you want to:
Leave your details below to be sent a copy of our free comprehensive Guide to Lasting Powers of Attorney, which covers everything you need to know in just three pages.
Alternatively, if you’d simply like to get the process started or discuss private client matters more widely, please feel free to call our Private Client team on 020 7631 4141 or email email@example.com
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It is difficult to comprehend that you would ever lose the ability to manage your own affairs but mental and physical incapacity can happen to anyone at any time. It is anticipated that by 2040 nearly one in seven people will be over the age of 75 (Government Office for Science) and by 2025 more… Read more »