Lasting Power Of Attorney.

A Lasting Power of Attorney “LPA” can be written at any time during your life as long as you have the necessary mental capacity.

These arrangements are set up so that the persons you love and trust can look after your health, well being and also your financial affairs.

These are lasting arrangements and need to be put in place before you become incapable by way of accident or illness.

With a lasting power of attorney you can nominate from 1 to 4 people to look after your personal affairs.

Unfortunately this will happen to lots of us in life and so is a realistic concern to take into account now.

If you do not set up a power of attorney, your loved ones will have to apply through the court which is likely to be a very long and drawn out process.

Not only is this time precious but it will also cost several thousand of pounds!

CFM Financial Planning can guide you and advise you on how to put this in place timely and cost effectively.

A lasting power of attorney is arguably one of the most important arrangements you will ever make.

There is only a one time cost unless you decide to change the agreement and will last a lifetime.

Look at this as a one of cost insurance policy.

A lasting power of attorney should be considered Immediately if you or a loved one is suffering from any of the following illnesses in its early stages.

Parkinson’s disease, Alzheimer’s Disease, early signs of Dementia or degenerative disorder.

LPA’s replaced the Enduring Power of Attorney with effect from 30 September 2007.

The LPAs were introduced as a result of the Mental Capacity Act 2005 and now include safeguards to prevent them being abused.For any further information on any of the above, please do not hesitate to contact us.

We are here for you and your family and will advise you on the solution best for you.

There is no obligation at any time to take any recommendation and the cost may be lower than you think.

This service is offered by referral to a third party.