Lasting Power of Attorney (LPA's)

With recent statistics showing one in four people will be diagnosed with dementia in their lifetime, it is more important now than ever to ensure you make the appropriate later-life plans.

A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint one or more people to make decisions on your behalf during your lifetime. The people that you choose to appoint are referred to as ‘attorneys’ and the document provides them with the authority to manage your affairs, should you not be able to. 

There are two types: an LPA for property and financial affairs and an LPA for health and welfare.

  • A Health and Welfare LPA lets your attorney(s) make decisions about your medical treatment and day-to-day care. These decisions can include where you live, where you eat, what medical treatment you receive etc. 
 
  • A Property and Financial LPA lets your attorneys handle and make decisions about your money and property. These decisions can include paying your bills, selling your property, collecting your pension etc.

You can choose to only create one LPA either finance or health, but it is advised that both should be in place to allow your attorneys authority in all important decision-making. 

At Binghams we provide a fixed-fee service for the drafting of one or both LPAs, and we would be happy to guide you through the options and support the decisions you choose to make.

FAQ'S

Explore our FAQ’s to learn more, please use the form below to get in touch!

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Without a Lasting Power of Attorney (LPA) in place there is no one with the legal authority to manage your affairs, for example to access bank accounts or investments in your name or to provide consent should you require a medical procedure. 

In these circumstances, and in order for someone to obtain legal authority over your affairs, that person would need to apply to the Court of Protection and they would decide on the person to be appointed as your ‘deputy’. This process is much more expensive and complicated than the process for making a Lasting Power of Attorney.

If you want peace of mind that a particular person or persons will have the legal authority to deal with your affairs when you are no longer able to, then you should consider making a lasting power of attorney. 

You can make an LPA online through the Government website; however because an LPA is a legal document, many individuals choose to instruct a Solicitor to ensure that all formalities are followed and the LPA compliant and valid.

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