A Lasting Power of Attorney (LPA) can be an incredibly helpful way of allowing a person you trust to manage your affairs once you are no longer capable. Ideally, an LPA should be executed well in advance of any incapacity. But so long as the person signing the document still understands its full meaning and […]
Read MoreA Lasting Power of Attorney (LPA) is an official legal document appointing someone to act on your behalf should you one day become incapable of managing your affairs. There are two types of LPA, one for financial matters and one for health and welfare. You can have one or both in place. They do not […]
Read MoreAs people grow older, managing financial affairs can become onerous, particularly where there are a number of different holdings, bank accounts and other investments. As part of planning for the future, it is advisable to think about who will help you deal with your affairs should you become unable to do so, or should you […]
Read MoreWhen dealing with financial affairs, it may seem ideal to allow children or other trusted family members access to your accounts to help you manage finances. We explain why this is never advisable. Giving someone the information they need to deal with your money may seem like a good solution if you’re concerned about being […]
Read MoreA Lasting Power of Attorney (LPA) allows you to appoint an attorney to deal with your affairs once you are no longer capable of doing so yourself. If you do not have an LPA, then your family will have to apply for a Deputyship Order to allow someone to help you. There are two types […]
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