We often taken for granted how much control we have over our lives, the way we look after ourselves and manage the different aspects of our affairs.
We assume we will always have this control over our own affairs, but what if this changes?
It ‘s easy to think that this is something that happens to other people and not to you, but in reality it can happen at any time, to anyone, whether it is down to an accident, physical illness or the onset of mental illness. Dementia is an ongoing concern, due to an ageing population, and the Alzheimer’s Society estimates there will be 1 million people with dementia in the UK by 2025.
Any of these things can lead to an inability to manage your day to day affairs and so it is vital to have a Lasting Power of Attorney (LPA) in place.
What is an LPA?
It is a common misconception that your spouse or children are automatically able to make decisions on your behalf if you are no longer able to make them yourself. Unfortunately this is not correct.
A Lasting Power of Attorney is a legal document that allows you to appoint your loved ones to make decisions on your behalf should you lose the capacity to do so.
There are two types of Lasting Power of Attorney available, one which allows your Attorney to deal with your property and financial affairs and the other which allows them to make decisions regarding your health and welfare.
Why have an LPA?
An LPA gives you peace of mind so that if you do suffer an illness or accident that leaves you to become unable to make decisions for yourself, then your Estate, finances, health and welfare are looked after by the people you trust most.
Ensuring you have made Lasting Powers of Attorney is a simple but effective precaution and is the most efficient way to ensure your future is in safe hands.
How Can Mark Reynolds Solicitors Help?
Our specialist solicitors are experienced in the arranging of Lasting Powers of Attorney and will advise and support you throughout your application.
We understand it can be difficult to think of a time when you may be unable to handle your own affairs and will handle the whole process with due care and tact to ensure that you get the best service.