Lasting Power of Attorney

by Benson Williams Ltd

Why Is Lasting Power of Attorney Important? A Lasting Power of Attorney (LPA) provides peace of mind, ensuring that someone you trust can step in to manage your personal or financial affairs if you’re no longer able to do so yourself. Here are key reasons why having an LPA is a crucial legal tool:

1. Protection in the Event of Incapacity: Life can be unpredictable. Whether due to sudden illness, accident, or cognitive decline, there may come a time when you're unable to make decisions for yourself. Having an LPA ensures that a trusted individual can act on your behalf when needed.

2. Avoids Court Involvement: Without an LPA, your loved ones may have to apply to the court to appoint a deputy to manage your affairs. This process can be time-consuming, costly, and emotionally challenging.

3. Clarifies Your Wishes: An LPA allows you to outline your preferences for care, treatment, and financial decisions. This reduces the risk of family disputes and ensures your wishes are followed when you're no longer able to voice them.

4. Flexibility and Control: With an LPA, you decide who will act on your behalf, whether it’s a spouse, relative, or close friend, giving you control over who handles your affairs.

Setting up an LPA is a valuable step in securing your future. For more information, call 01827 929480 or email info@benson-williams.co.uk

Image Credits: Quince Creative via pixabay.com