At Fentimans, we understand how important it is to think ahead to the future and make sure your best interests are carried out should the worse happen. While a Will is here to ensure that your wishes are carried out after you pass away, a Lasting Power of Attorney can help you maintain control over your financial and welfare affairs during your lifetime should you find yourself in a position where you need assistance.
A Lasting Power of Attorney is a legal document which makes it possible for you to appoint family members or a trusted person to carry out your wishes should you become unable to manage your own affairs and make these decisions for yourself. This may happen gradually through illness, or due to a sudden event such as a stroke or an accident. It is wise to think ahead and ensure that if this were to occur, a trusted and close person can deal with your affairs and look after in the best interests of you and your wishes.
There are 2 types of Lasting Power of Attorney ( LPA)- These cover either Property and Financial Affairs or Health and Welfare.
A Property and Financial Affairs LPA enables your chosen Attorney to handle your bank accounts, investments, bills and property, whereas a Health and Welfare LPA enables your Attorney to make decisions about your health and welfare.
If you would like to speak to someone about setting up a Lasting Power of Attorney, our experienced team are here to advise you further and make the process as simple and stress-free as possible. Please call our team of specialists on 0121 774 1037 or complete our contact form HERE.