Lasting Powers of Attorney
We automatically insure our cars and our homes, our holidays, even our pets but very few of us ever take out 'self-insurance'. While a Will protects your loved ones after you die, a Lasting Power of Attorney looks after both them and you.
Contact us about taking out some ‘self-insurance’
A Lasting Power of Attorney (LPA) is a legal document where you appoint an Attorney to look after your affairs if you are unable to do so.
Within the document you appoint one or more Attorney(s). The Attorney is the person who will make decisions on your behalf should you become unable to do so. This may be due to many reasons including:
- An accident
- A disability
- The onset of a mental illness such as Alzheimer’s or Dementia or after suffering a stroke.
At Goldsmith Williams we offer two types of LPA:
- Property and Financial LPAwhich would allow an Attorney to make decisions regarding your finances and property. They would then be able to manage any accounts that you may have.
- Health and Welfare LPAwhich would put your Attorney in charge of your personal wellbeing. They may be required to make decisions about where you live and what care you receive.
Similarly to making a Will, there is a general misunderstanding surrounding who has the rights to these decisions.
The fact is without an LPA no one, not even your spouse or partner, has the automatic right or ability to take charge of your finances which, as a result, could mean critical bills, such as the mortgage, council tax or energy bills, could go unpaid.
Don’t take the chance. Make an LPA with the help of our qualified solicitors.
Your service was very professional throughout, and I was kept informed of progress at all times, very impressed.
Mr Townsend - 10/10 - Purchase