A recent survey has revealed that a staggering number of people have granted relatives informal access to their bank accounts. A Lasting Power of Attorney (LPA) is a formal document by which an individual can give one or more people access to their financial affairs and the power to spend money on their behalf. It […]
Read MoreAn LPA is one of the best ways to protect yourself and your wishes, should you become unable to make financial or health decisions for yourself. There are two kinds of LPA, a Property & Financial Affairs LPA and a Personal Welfare LPA. Both deal with very different matters. However, according to the latest figures […]
Read MoreA Lasting Power of Attorney or LPA is one of the best ways to protect yourself and your wishes should you become unable to make financial or health decisions for yourself. But, all too often people fail to make an LPA because they are unsure about what it involves and why it is needed. Here […]
Read MoreThe use of the Lasting Power of Attorney (LPA) – where an ‘attorney’ is appointed to make certain decisions on your behalf should you reach the point where you are unable to make them yourself – has increased significantly in recent years. However, it would be a mistake to view LPAs as purely a tool […]
Read MoreThe number of people making use of Lasting Power of Attorney (LPA) agreements has increased enormously in recent years. In fact, according to data from a Freedom of Information request, the number of LPAs has increased threefold since 2010. This is undoubtedly a good thing; LPAs allow someone to nominate an ‘attorney’ – usually a […]
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