Invaluable legal documents that grant individuals the power
to make crucial decisions on your behalf when you are unable to do so due to incapacity or illness.
These documents offer peace of mind in times of uncertainty.
Lasting Powers of Attorney (LPA) are legally binding documents that enable you to appoint trusted
individuals, known as attorneys, to make important decisions on your behalf. These decisions
typically revolve around two key areas:
Health and Welfare LPA: This LPA grants your chosen attorney(s) the authority to
make decisions about your medical treatment, living arrangements, and general well-being.
Property and Financial Affairs LPA: This LPA empowers your chosen attorney(s) to
manage your financial matters, such as handling bank accounts, paying bills, and managing investments.
Maintaining Control: LPAs allow you to maintain control over your
affairs even when you are no longer capable of managing them yourself. You decide who makes decisions on your behalf.
Avoiding Legal Complications: Without an LPA in place, family members may need to go through a
costly and time-consuming legal process to gain authority over your affairs, such as applying for a Deputyship order.
Diverse Portfolio: From residential buy-to-let properties to commercial office spaces and
student accommodation, the UK offers a diverse array of investment opportunities to suit your
preferences and financial goals.
Healthcare Decisions: An LPA for Health and Welfare ensures that your healthcare preferences are
respected, including decisions about medical treatments, end-of-life care, and living arrangements.
Creating LPAs involves the following steps:
Choose Your Attorneys:
Select trustworthy individuals to act as your attorneys.
They should understand your values and preferences.
Complete the Forms:
Fill out the necessary LPA forms, readily available
from government sources.
Register the LPAs:
Both LPAs must be registered with the Office of the Public
Guardian (OPG) to be legally effective.
Notify Relevant Parties:
Inform your attorneys, family members, and healthcare
providers about the existence of the LPAs
Incorporating Lasting Powers of Attorney into your estate and healthcare planning is a
proactive step toward safeguarding your future.
LPAs provide an essential layer of protection, ensuring that your wishes are respected,
your interests are safeguarded, and your loved ones are empowered to act in your best
interests when you cannot. Whether you're planning for your retirement years or simply
want to be prepared for unexpected events, LPAs are a vital component of a well-rounded
and responsible estate plan.
Your future is too important to leave to chance. Start securing your legacy and protecting your
loved ones by partnering with WAM Estates. Contact us today for a consultation, and let's begin
building a plan that reflects your values and secures your estate for generations to come.
Thank you for considering WAM Estates as your trusted estate planning partner.
We're excited to help you navigate your path to a well-planned future.
Our experienced estate planning professionals have a deep understanding of the complexities of estate law. We stay up-to-date with the latest legal developments to craft customized solutions that meet your unique needs.
Your estate plan should reflect your individual circumstances and goals. We take the time to listen, learn about your aspirations, and tailor our services to align perfectly with your wishes.
From wills and trusts to asset protection and tax minimization, WAM Estates offers a wide range of services to cover every aspect of estate planning.
We believe in clear communication and transparency throughout the planning process. You'll always know what to expect, and we'll guide you through every step with clarity and understanding.
With WAM Estates, you can face the future with confidence, knowing that your legacy and loved ones are protected.
