Lasting Powers of Attorney

When people become unable to look after their own affairs, they generally want those closest to them to look after their affairs on their behalf. People often assume that this is an automatic right, even if they, for example, have savings or investments in their sole name. But this is not necessarily the case and where no representatives (attorneys) are pre-appointed, they may have to apply to the Court of Protection. Sometimes the court will appoint a court official instead of a persons relatives.

So what is the solution?

A Lasting Power of Attorney (LPA) is a legal document that lets your client (the ‘donor’) appoint people (known as ‘attorneys’) to make decisions on their behalf should they become unable to do this on their own.

Many of your clients will not have an LPA in place, or if they do may need to update it. Providing this service to your clients will help them create a more solid future upon which their choices can be taken into account.

There are 2 types of lasting power of attorney:

Health & Welfare

This allows your client to choose one person or more to make decisions about things such as:

  • the daily routine
  • medical care
  • moving into a care home
  • life sustaining treatment

 

This type of lasting power of attorney can only be used when a person is unable to make their own decisions.

 Property & Financial Affairs

This lets your client chose one person or more to make decisions about money and property, such as:

  • paying bills
  • collection of benefits
  • selling the home

 

This type of Lasting Power of Attorney can be used as soon as it is registered with the clients permission.

Both types of LPA's can be chosen, the client is just required to be over the age of 18 and have full mental capacity.

To find out how easy it is to provide a LPA offering to your clients just call us on 01522 500823, or become a member today to open the door to more opportunities.

BTWC Lasting Powers of Attorney

 


Contact us to find out how you can add Estate Planning services to your portfolio, just complete the form below or call us on 01522 500823.

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