Why have an LPA in Bristol?

A Lasting Power of Attorney (LPA) is a legal document that allows you (the “donor”) to appoint one or more people (known as “attorneys”) to 1 make decisions on your behalf if you lose the mental capacity to do so yourself in the future. There are two types of LPAs one for Property and Financial affairs and another for Health and Welfare decisions  

Top 10 Reasons for a Lasting Power of Attorney for Property and Financial Affairs:

  • Maintaining Control Over Your Finances
  • Avoiding Court of Protection Involvement
  • Ensuring Bills are Paid
  • Managing Bank Accounts and Investments
  • Buying or Selling with Property.
  • Claiming Benefits and Pensions.
  • Dealing with Tax Affairs.
  • Preventing Accounts from Being Frozen.
  • Continuing Business Affairs
  • Peace of Mind.

Top 10 Reasons for a Lasting Power of Attorney for Health and Welfare:

  • Deciding on Medical Treatment:
  • Making Decisions About Daily Care
  • Choosing Where You Live
  • Decisions About Life-Sustaining Treatment
  • Communicating Your Wishes
  • Ensuring Your Voice is Heard
  • Choosing Who You Have Contact With
  • Planning for Future Care Needs
  • Avoiding Disputes Among Family Members
  • Peace of Mind
Bristol Heritage Will and Probate Services

What are the dangers of doing it LPA yourself?

Risk of Legal Invalidity:

  • Complex Legal Requirements
  • Incorrect Wording and Scope:
  • Lack of Understanding of the Law

Potential for Fraud or Undue Influence

  • Independent Advice
  • Proper Witnessing:

Difficulty with Registration:

  • Navigating the OPG Process

Failure to Reflect Your Specific Wishes:

  • Lack of Tailored Advice
  • Unintended Consequences

Potential for Future Challenges and Disputes:

  • Objections During Registration:
  • Family Disputes:
  • Challenges to Mental Capacity:

Missing Important Considerations and Safeguards

  • Instructions and Preferences
  • Limitations on Attorney Powers
  • Considering Potential Conflicts of Interest

Risks Related to Mental Capacity Assessment:

  • Understanding the Test for Capacity
  • Documenting Capacity:

Lack of Ongoing Support and Advice:

  • Changing Circumstances

Ultimately More Costly in the Long Run:

  • Rectifying Errors

Inadequate Guidance on Choosing Attorneys

  • Understanding Attorney Responsibilities
  • Joint vs. Joint and Several Attorneys
  • Appointing Replacement Attorneys

Discover the peace of mind that comes with knowing your loved one’s futures are secure. Contact Bristol Heritage Wills & Probate today to schedule a consultation and take control of your legacy.

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