The Coronavirus pandemic has thrown adult social care into stark focus.
It is therefore more important than ever to consider what might happen if, at some point in the future, you were unable to look after your own property and financial affairs or even your own care and welfare?
By making an LPA, you are able to choose who is to have the legal authority to manage your affairs and speak on your behalf if, in the future, you lose capacity to do so yourself because of physical illness, frailty or as a result of mental health issues.
It can be a comfort to know that someone you trust completely and who knows your preferences and life choices, would be able to stand in for you if you are ever in need of help.
If you don’t have an LPA then if you lose capacity and become unable to manage and look after your own property and financial affairs, it is likely that an application would have to be made to the Court of Protection.
This can be both time consuming and expensive. Worst still, decisions relating to your care and welfare will be dealt with by Social Services, which might not be what you’d prefer to happen.
Our expert private client team provide a range of support including:
- Creating and registering a Lasting Power of Attorney
- Making applications to the Court of Protection for the appointment of a Deputy
- Advice on who is liable to pay for long-term care fees and other aspects of residential and nursing care
Get in touch with a member of our team now to discuss how we can help.