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.
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:
At Goldsmith Williams we offer two types of LPA:
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.