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Did you know that a Lasting Power of Attorney (LPA) can save you £1000’s worth of charges from the Court of Protection?
That’s the message from the team at Swansea Legal Solutions who, throughout June 2022, are offering a Health & Welfare LPA for just £250 +VAT. As well as saving you money in the long run, by working with our team, we will take you through the whole process and deal with all administrative tasks too. These include acting as your certificate provider, providing executions and witnesses as standard and registering the LPA on your behalf. We can also provide advice and guidance on any additional clauses as necessary.
Why is having this LPA in place so important? The problem is that most people who are fit and healthy don’t feel the need to have an LPA in place until it is too late. For this reason, an LPA should be considered as an effective insurance policy if you become ill, disabled or if you lose mental capacity. In these instances, the appointed attorneys can take over from a financial and/or health point of view to ensure you are protected and looked after correctly.
David Ford, an associate at Swansea Legal Solutions, explains more in this short video:
Planning Ahead
Mental and physical incapacity can hit at any time, which is why planning ahead by having in place an LPA as well as a will is so important.
According to the Alzheimer’s Society, by 2025, more than 1 million in the UK will have dementia. What’s more, one in five people over 85 already suffers from it, with rates significantly higher among women than men. (Source).
For those suffering from dementia, handling financial affairs and sorting out your health care requirements is not possible, which is why it is so important to have an LPA in place when you are not mentally incapacitated.
In short, an LPA gives others (your appointed attorneys) the legal right to look after specific aspects of your financial affairs or health and welfare should you lose the capacity enabling you to make these decisions yourself. Importantly, it’s not just for the elderly as younger people can also become incapacitated through accident or illness.
If you don’t have an LPA in place and lose the mental capacity to make your own decisions, your loved ones could face expensive costs by having to apply to the court of protection to enable them to take control of your affairs. The Court may appoint someone who is not necessarily your loved one or your choice.
Swansea Legal Solutions
If you or a family member is looking to take out an LPA for financial and/or health and welfare matters, then contact us today to book an appointment. We now operate from the ground floor of our building to accommodate all clients and we also offer home appointments. Call us today on 01792 420844 to benefit from our Health and Welfare LPA offer for just £250 + VAT.
