During this period of uncertainty we have seen an increase in the number of enquiries from people who want to ensure that their affairs are in order should their health fail. One of the most important ways to do this is to put a Lasting Power of Attorney (LPA) in place.
People can become unable to manage their affairs at any stage of life but our more vulnerable clients have naturally been prompted to think about this more than they usually would.
A serious illness, accident or the onset of mental illness may make everyday tasks such as paying bills, managing a budget and making financial and welfare decisions difficult, stressful and, in some cases, impossible.
An LPA gives a person control over who will help them manage their affairs and allows you to appoint someone you trust to act on your behalf if or when the need arises. There are two types of LPA. One deals with property and finances and the other deals with personal welfare matters, such as where you live, medical care and life-sustaining treatment. This type of LPA can only be used if you are unable to make decisions yourself.
If you want to make an LPA now, you can still do so while observing Government guidelines. Our offices are open and are compliant with the latest COVID -19 guidance.
If you require further information about anything covered in this briefing, please contact the Wills & Probate team at Ware & Kay at York or Wetherby on 01904 716000 or 01937 583210.
Wetherby Office (Sarah Coller & Laura Schofield) |
York Office (Bella O’Keeffe, Ian Fisher & Sian Foster) |