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LASTING POWER OF ATTORNEY
Protecting Your Future

Why do I need a Lasting Power of Attorney?

If you lose mental capacity, unless you’ve already filled in the Power of Attorney forms, your loved ones will need to apply through court to become ‘deputy’, a long and expensive process.

A lasting power of attorney (LPA) gives another individual the legal authority to look after specific aspects of your financial affairs or health and welfare should you lose the capacity to do so. It’s not just for the elderly; younger people may become incapacitated through accident or illness.

If you do not have an LPA in place and later become mentally incapacitated, relatives may face long delays and expense in applying to the court of protection to get access and take control of your assets and finances.

A family with a disabled loved one. Lasting power of attorney from Cedar Wills & Trusts, UK
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Having received 2 wills, a Family Trust and Power of attorney documents, I can't recommend Rekha highly enough. 5 stars all the way!
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Cedar Wills & Trusts are Dedicated to Protecting your Wishes Should the Worst Happen. Should you Develop a Condition or Have a Sudden Accident that Renders you Incapable of Making your Own Decisions, a Lasting Power of Attorney will Grant your Loved Ones, Legal Power to Make Financial, Property & Health Decisions on your Behalf.

WHAT TYPES OF LASTING POWER OF ATTORNEYS ARE THERE?

There are 2 Types of LPA.....

PROPERTY AND FINANCIAL AFFAIRS
Use this LPA to give an attorney the power to make decisions about things like:

Lasting power of attorney means you can make the right financial decisions for a loved one
Bills being paid by a lasting power of attorney, Cedar Wills & Trusts, UK
An elderly couple not having to worry about their pension thanks to a lasting power of attorney
Gifts and donations can be decided on for you by a lasting power of attorney
A lasting power of attorney means making the right decisions when it comes to property belonging to a loved one

HEALTH AND WELFARE
Use this LPA to give an attorney the power to make decisions about things like:

You can care properly for a loved one's health with a lasting power of attorney
The right medical care is no longer a worry for a family member with a lasting power of attorney in place
A lasting power of attorney means making the right decisions for a loved one's wellbeing
You should be able to make those difficult decisions for a family member and a lasting power of attorney allows this.
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The consequence of not preparing a LPA could mean that a mentally incapable person’s loved ones would have to make an application to the Court of Protection to be appointed as a “Deputy” to be able to access their finances.
This can be a long as well as a costly process.
Those with no close relatives would have an Independent Mental Capacity Adviser appointed by the court.

LPAs will only become valid once they are registered with the Court of Protection.
Once the LPA has been registered with the Court, your Attorney(s) will be able to act on your behalf in accordance with the terms of the LPA.

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