Joanna McCarthy

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  • All You Need to Know About Lasting Power of Attorney (LPA)
    Posted on March 25, 2024
    As you never know what’s around the corner, it is as well to be prepared for possible difficulties.
    For example, who will look after your financial affairs should you have an extended stay in hospital, or a rehabilitation centre, or if you were stuck abroad? Who will access your bank account to pay care fees? Or if you own a business who will pay your employees and suppliers? Who will assist healthcare and medical professionals with plans for your medical treatment or everyday care if you cannot make decisions yourself? Are there people who you definitely would not want involved in decisions about your finances or welfare?
    Did you know that your spouse, civil partner, children or next of kin do not automatically have any legal authority to handle your financial or personal affairs?
    All of this and more can be addressed with the preparation of Lasting Power of Attorney documents, which put matters in the hands of someone you trust.
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    Posted in: Private Client