Why Lasting Powers of Attorney Are Essential for Your Peace of Mind
​
Life is full of uncertainties, and while we all hope for the best, it's wise to plan for the unexpected. A Lasting Power of Attorney (‘LPA’) is one of the most valuable legal tools you can have in place to protect your future and safeguard your loved ones. Whether you’re thinking about your health, finances, or personal care, an LPA gives you control, even in circumstances where you might no longer be able to make decisions yourself. Let's explore the key advantages of setting up an LPA:
​
Maintaining Control Over Your Affairs
​
An LPA allows you to choose a person or people you trust to make decisions on your behalf if you lose the mental or physical capacity. Without an LPA in place, important decisions may be left to the court or protection who may appoint individuals you haven’t chosen, potentially leading to outcomes that don’t align with your wishes. By setting up an LPA, you maintain control over who manages your affairs.
​
Tailored to Your Needs
​
There are two main types of LPAs:
​

• Health and Welfare LPA: Covers decisions about your healthcare, medical treatments, and personal well-being, such as living arrangements, diet and who can visit you.​

• Property and Financial Affairs LPA: Covers decisions about managing your finances, paying bills, and dealing with property.

 
This flexibility allows you to customize the LPA to suit your specific needs and preferences.
 
Avoiding Legal Delays and Costs
​
If you lose capacity without an LPA, your loved ones may need to apply for a deputyship through the Court of Protection to manage your affairs, which can be a lengthy and costly process. Having an LPA in place avoids this hassle, ensuring that important decisions are made swiftly when needed most.
 
Relieving the Emotional Burden on Loved Ones
​
Without clear instructions, families can face difficult decisions about your care or financial matters, which can lead to disagreements or uncertainty. An LPA provides clarity and peace of mind, relieving your loved ones from the emotional strain of making these decisions without guidance.
 
Safeguarding Your Wishes
​
An LPA ensures your preferences are respected, whether it’s regarding specific treatments, financial arrangements, or who takes charge of your decisions. It acts as a safeguard, ensuring your voice is heard even if you’re unable to speak for yourself.
​
Simplicity and Affordability
​
Setting up an LPA is a straightforward process compared to a deputyship order and relatively inexpensive compared to the potential complications of not having one. It’s a proactive step that offers significant benefits in return.
 
Conclusion
​
An LPA is not just about planning for worst-case scenarios—it’s about securing peace of mind for yourself and your loved ones. By establishing an LPA, you’re taking a responsible and empowering step to ensure that your future is in trusted hands. Don't wait for uncertainty to strike; consider setting up an LPA today and enjoy the confidence of knowing your affairs are protected, no matter what comes your way.
If you'd like to know more about LPAs or how to set one up, feel free to reach out—making these decisions now can make all the difference later.