One essential way to make plans for the future of your family and, eventually, your estate is to make a Lasting Power of Attorney – a type of legal document which gives someone the power to act in your best interests and in accordance with your wishes in the event that you lose capacity to do so yourself. George Ide’s experienced wills, probates and trusts partners provide expert help in formulating the best plan possible, even in the most difficult of circumstances. For Lasting Power of Attorney advice in Chichester, contact us today.
Making an LPA does not necessarily mean that you will use one. But there are many advantages to appointing a Lasting Power of Attorney, not least the fact that you can have peace of mind that you have made firm plans which will come into effect in the event of your loss of capacity to manage your own affairs and make your own decisions. Furthermore, there is often a misconception that making an LPA needs to be permanent – it doesn’t. Although loss of capacity may be permanent in some cases, in others, such as certain depressive illnesses, psychoses or brain tumours, it may be only temporary. Having an LPA in place at such a crucial and uncertain time in life can be the best way of safeguarding your interests as well as those of your family, loved ones, dependents and their financial interests.
In the event that you lose mental capacity without having appointed a Lasting Power of Attorney, an application will need to be made to the Court of Protection, which will then appoint someone to manage your affairs. As well as the inevitable distress and uncertainty of this situation, it can be both time consuming and costly.
This type of Lasting Power of Attorney enables you to choose a person to take important decisions about the way your assets are managed.
A health and welfare LPA makes decisions about crucial matters such as where you live and the care you receive. Your health and welfare LPA may receive specific instructions about the types of care and treatment you desire.
Even if you instruct a solicitor to make Lasting Power of Attorney, in Chichester or indeed elsewhere, the document will not be enforceable until it has been registered with the Office of the Public Guardian.
For more advice and guidance on arranging lasting power of attorney, speak to our partners in Chichester by using the contact details contained in the staff profile featured on this page.