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Legal News | 14.02.18

Are your attorneys ready to ‘spring’ into action?

Now that winter is behind us, the renewed energy of spring provides the perfect opportunity to review your affairs.

One point to consider is Lasting Powers of Attorney (LPAs).

Whilst a Will allows you to decide who will manage your finances after your death (your executors), a Property and Finances Lasting Power of Attorney enables you to appoint individuals (attorneys) to assist with your financial affairs during your lifetime should you become unable to do so.

In addition, a Health and Welfare LPA allows you to appoint individuals to make decisions in relation to your health and care.

Even if you already have LPAs, it is worth considering whether the documents have been registered with the Office of the Public Guardian, as LPAs can only be used once registered.

If you would like to make a Lasting Power of Attorney, or if you have queries about your existing arrangements, Wansbroughs can assist.

 

Posted By Our Wills, Tax, Trusts & Probate Team