Lasting Power Of Attorney Explained
- 16th September 2020
- No comments
September is World Alzheimers Month, a campaign that raises awareness and challenges the stigmas associated with Alzheimers and other forms of dementia.
For many people living with dementia, there may come a time when they are unable to make decisions about their care and finances and this can be a daunting thought.
However, one solution is to create a Lasting Power of Attorney (LPA), a legal tool which gives someone you trust the legal authority to make decisions on your behalf about your affairs should you lose the mental capacity to do so.
What is an LPA?
There are two types of LPA: a health and welfare LPA and a property and financial affairs LPA. The former covers things such as choices about care plans, medical treatment and end of life wishes. The latter deals with decisions about your property, other assets, bank accounts and bill payments. An LPA must be put in place while a person has the mental capacity to do so. It is important to plan ahead and record your wishes in a document as early as possible to ensure that whoever you choose to manage your affairs can make decisions which are in your best interest, should you lose the ability to do so yourself.
Our specialist lawyers are able to minimise the disruption that age and illness can bring. If you need expert legal advice or have any questions please contact Maria Cosslett via CosslettME@Loosemores.co.uk. Maria is a Fellow of the Chartered Institute of Legal Executives and a Member of the Society of Estate and Trusts Practitioners (STEP) and of the Solicitors for the Elderly (SFE) and a Dementia Friend.