Considerate, specialist advice on preparing powers of attorney
It can be difficult to think about a time when you might need help making decisions about your finances or your medical care.
It is, however, important to think about the impact of these decisions and who will need to make them if you can’t. For example, you could lose mental capacity through an illness (such as dementia) or a serious accident, or you could lose the physical ability to do things like sign cheques. You may even be in good health but simply want someone else to make decisions for you during a long period of absence.
While the future is impossible to predict, it is possible to plan for
A lasting power of attorney (LPA) is a means of planning so that your care, and your finances, can be managed in the way you would like, even if you’re not able to make decisions about these yourself. You can nominate a trusted attorney to act on your behalf, whether that’s someone you know like a family member or a close friend, or a solicitor.
There are two separate types of lasting power of attorney. You can choose to make one or both, depending on your circumstances and needs.
Health and welfare: this covers decisions such as where you live and your medical care.
Property and financial affairs: this covers decisions such as buying and selling property, opening and closing bank accounts, investing assets and paying bills.
You might be looking for advice on preparing an LPA for yourself or looking for advice on behalf of a relative or friend. In any event, an LPA is a serious and consequential legal document, so it’s important to seek the help of a solicitor in preparing one. This is even more important if your assets are complicated, or if there are any family conflicts, for example.
The sooner you create an LPA the better. That way, your wishes and decisions are in place should anything unexpected happen. However, if you lose capacity and have not made an LPA, then it is still possible for someone to be appointed to act on your behalf. This would be done by making an application to the Court of Protection for the appointment of a deputy, which may not be someone of your choosing.
Our solicitors are well-regarded in the region and we have an excellent reputation for both technical excellence and client care. We take the time to understand you and what’s most important to you so that we can ensure that your interests are fully protected and respected whatever happens.
We know that this can be a complex and difficult process for many people, so we always take the time to make sure our advice is communicated clearly, with a patient and kind approach.
Capable of handling complex situations
If you have high-value assets, a business, or off-shore elements to your estate, you can rest assured of our competency in handling complex situations. We are rated in TheLegal 500 and Chambers High Net Worth based on outstanding client feedback, and count members of specialist body the Society of Trust and Estate Practitioners (STEP) among our team, so you can rest assured you’re in the best of hands.
The first step is to securing peace of mind for your financial and medical future is to arrange a friendly, informal meeting with us. At this meeting, we can explain to you all the issues, discuss your needs and assist in completing the forms. We suggest you allow approximately 1 hour for this appointment. If you’re not able to travel to us, we may arrange home or hospital visits.