Powers of Attorney
Lasting Powers of Attorney (LPA)
A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint one or more trusted individuals—known as attorneys—to make decisions on your behalf if you lose the capacity to do so yourself. This might happen due to illness, accident, or age-related decline, and having an LPA in place can make an enormous difference in ensuring your affairs are managed smoothly and according to your wishes.
There are two main types of personal LPA:
There are two main types of personal LPA:
- Property and Financial Affairs LPA – This allows your attorney(s) to manage your bank accounts, pay bills, deal with investments, or even sell your property if necessary.
- Health and Welfare LPA – This covers decisions about your medical care, daily routine, where you live, and life-sustaining treatment.
- Contracts and operational matters
- Access to business accounts
- Payroll and tax obligations
- Hiring or managing staff
- Business continuity in your absence
Protect your future, arrange your LPAs today.
If you lose capacity without Lasting Powers of Attorney in place, your family could face delays, cost and stress. Appoint trusted decision-makers now.
Business Lasting Power of Attorney
Keeping business and personal matters separate is often essential, particularly when different people are best suited to handle each. A Business LPA ensures that your company can continue running smoothly, with someone you trust at the helm. Without any LPA in place, your loved ones or business partners would need to apply to the Court of Protection to be granted decision-making authority—a process that can be slow, costly, and stressful. By contrast, an LPA puts the decision-making power directly in the hands of people you choose and trust, helping to:
- Avoid unnecessary legal delays and costs
- Ensure your finances and business are properly managed
- Allow your wishes around healthcare and living arrangements to be respected
- Protect your family and colleagues from making difficult decisions without guidance
- Maintain control by choosing exactly who acts on your behalf
