Preparing for the future
The world has always been an uncertain place but somehow seems more uncertain than ever these days. It’s good to know that there are some things we can do to plan for future uncertainties. One of these is to put in place a Lasting Power of Attorney.
A Lasting Power of Attorney (LPA) is a legal document whereby a person (‘the Donor’) gives another person or persons (‘the Attorney/s’) authority to manage their affairs and make decisions on their behalf if they become unable to manage their own affairs or require assistance with doing so. In an uncertain world, having a Lasting Power of Attorney in place can give you the peace of mind of knowing that those people you have chosen and trust would be able to act on your behalf if you should become incapacitated through accident or illness.
There are two types of Lasting Power of Attorney
One allows you to appoint attorney/s to deal with your property and financial affairs and one allows you to appoint attorney/s to make decisions about your medical treatment and care if you are unable to make those decisions for yourself.
This can, if you wish, include allowing your attorney to make decisions about life sustaining treatment.
Without a Lasting Power of Attorney in place your family could face a complex application to the Court of Protection to allow them to handle your affairs, if you are suddenly unable to do so. At an already difficult time this additional stress would be better avoided.
Please contact our expert Kate Kendall for further advice on 01282 930403 or firstname.lastname@example.org