Why You Should Consider Setting Up a Lasting Power of Attorney (LPA)

Most people don’t like to imagine being unable to make decisions for themselves—but the truth is, it can happen to any of us, at any time, through illness or injury. That’s where a Lasting Power of Attorney (LPA) becomes invaluable.  Your questions answered by Andy at Your Secured Legacy.

What Is a Lasting Power of Attorney?

A Lasting Power of Attorney is a legal document that allows you to appoint one or more trusted people (known as attorneys) to make decisions on your behalf if you become incapacitated. It’s a proactive step to protect your future, your assets, and your family.

Why Might You Need One?

Imagine being suddenly unable to manage your affairs due to a serious accident or illness. Without an LPA in place, you—and your loved ones—could face serious obstacles:

• Banks may suspend accounts in your name, and even some joint accounts.
• Direct debits and standing orders in your name can’t be changed—causing missed payments.
• You wouldn’t be able to buy or sell property, sign legal documents, or manage your own financial affairs.
• Medical professionals are not obligated to speak to your spouse or next of kin about your treatment or care decisions—no matter how serious your condition.

Have you ever tried to speak to your spouse’s GP about their care? If you have, you'll know how difficult it is without the proper legal authority.

Without an LPA, What Happens?

If you don’t have an LPA and you lose mental capacity, your family will have to apply to the Court of Protection to gain control over your affairs. This process can take up to six months and cost more than £3,000—during which time, important decisions may be delayed or left in the hands of strangers.

The Two Types of LPA

There are two types of Lasting Power of Attorney, and both are important:

1. Property and Financial Affairs LPA
   This covers managing bank accounts, paying bills, dealing with pensions, benefits, and buying or selling your home.
2. Health and Welfare LPA
   This covers decisions about your medical care, daily routine, life-sustaining treatment, and where you live.

Both types must be registered with the Office of the Public Guardian before they are legally valid and usable.

Are LPAs Worth Having?

In short: absolutely. An LPA ensures that, if the worst happens, the people you trust are legally empowered to make decisions that reflect your wishes. It removes uncertainty, reduces stress for your family, and avoids expensive and time-consuming legal hurdles.

Setting up an LPA is one of the most thoughtful and protective steps you can take for your future—and your loved ones. Don't wait for a crisis to act.

📞 Ready to protect your legacy?

Get in touch with me,  Andy at Your Secured Legacy today for expert guidance tailored to your unique situation.

📍 Check out my feature here: Your Secured Legacy – The Best Of Taunton & Bridgwater