Best Business Law Practitioners in Stanford le Hope

What can go wrong if I haven’t got a Lasting Power of Attorney (LPA)? LPAs are documents you set up when you're well, to appoint the people you love and trust to manage your finances or make decisions about the type of care you might receive, in the event you become unable to do so for yourself in future. They take around 5 months to set up as they need to go off to be registered with a government department called the Office of Public Guardian, which puts some people off doing them. However, if you were to lose capacity without having them set up, your loved ones would have to go to the Court of Protection for a Deputyship Order, in order to be allowed to do the above things. The process can be expensive and take up to a year, during which time your bank accounts could be frozen and your loved ones wouldn’t have an official say about the type of treatment you could get. The courts may also decide to appoint a professional to make decisions about your life, rather than the person you would have wanted and who knows you best. To find out more about what Lasting Powers of Attorney can do for you and how to go about setting them up, feel free to get in touch...