Take con­trol with Last­ing Pow­ers of At­tor­ney

YOURS (UK) - - Good To Know - #Key Re­search 2017

Re­search has re­vealed that 40%# of over-55s are un­sure about the le­gal pro­tec­tion they may need if they lose men­tal or phys­i­cal ca­pac­ity and be­come un­able to make im­por­tant de­ci­sions.

What do you need?

You will need a le­gal doc­u­ment which gives you the power to ap­point some­one you trust to make de­ci­sions on your be­half, should you be­come un­able to do so. This is known as a Last­ing Power of At­tor­ney (LPA). There are two types: Prop­erty & Fi­nan­cial Af­fairs, and Health & Wel­fare. With­out th­ese, your fam­ily could face a lengthy and ex­pen­sive process with the Court of Pro­tec­tion.

Three steps to an LPA

1. Your ad­viser will take all the rel­e­vant de­tails

2. A le­gal doc­u­ment will then be cre­ated for you

3. Sim­ply sign and reg­is­ter your LPA

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