Lasting Powers of Attorney
No courts. No fees. No delays. Keep control!
Lasting Powers of Attorney (LPAs) are a hugely important tool in order to ensure that your family stay in control of the family’s assets.
If for any reason you have not drafted a Lasting Power of Attorney and suffer a loss of mental capacity due to any cause then like it or not all of your assets would come under the full control of the Court of Protection for the remainder of your life.
The lack of a Lasting Power of Attorney can cause huge amounts of emotional stress for your family, it can stop them doing something even as simple as accessing bank accounts to pay for your care. It can also cause financial strain and loss. It may cost them many thousands of pounds in fees to the Office of the Public Guardian (OPG), solicitor fees to obtain a court order in themselves are over £2,000 and then there is the yearly cost of a security bond.
It is vital both emotionally and financially to keep the Court of Protection out of your family’s affairs. Simply by putting your Lasting Power of Attorney in place you can achieve that goal.
Call us now if you have any questions or want some advice.