Who would speak for you if you were not able to manage your own affairs, say due to accident or illness?
The answer is not as straightforward as you might think. Even your husband or wife might need the court’s permission to access even your joint bank accounts, thanks to new, tighter regulations. There is a solution and that is to draw up Lasting Powers of Attorney (‘LPAs’) while you are able to.
With an LPA you can transfer the running of your affairs to a third party, called an ‘Attorney’. Often this is a spouse or close relative, but it could be a professional representative or trusted friend. You can write different Lasting Powers of Attorney to cover Health & Welfare matters and your Property and Financial Affairs.
There are some important issues to consider (not all of which are obvious), but once in place an LPA will save your loved ones a great deal of time, expense and worry when life is complicated enough. We can guide you through the entire process, including the registration paperwork.
Whilst you’re thinking of assigning an LPA, why not review and update your will? We offer discount packages to individuals who update their will and make an LPA at the same time.
Iain has an extensive history with Verisona Law and its predecessors, having first joined Dyer Burdett and Co back in 1997 after moving from Chichester where he practised for 20 years and still lives. Iain went on to become a Partner in the firm and successfully headed up the Probate, Trusts and Conveyancing department.
In 2004 Iain became a consultant and has continued in this role ever since. Following the merger with Gray Purdue, he now works as a consultant for Verisona Law, overseeing improvements to our
Probate department. Nevertheless, as a result of his invaluable experience, impeccable reputation and long standing client base, Iain continues to undertake a number of conveyancing transactions,
and provides assistance on Wills, Trust and Probate files.
Andrea is a Principal Lawyer at Verisona Law, specialising in Wills, probate and tax planning. She also advises on lasting powers of attorney and declarations of trust in relation to property ownership. Andrea is often asked to advise elderly parents and their children on the issue of trust of the family home and gift of the family home to the children.
Many clients regard her as their ‘family’s solicitor’ and come back to her whenever they need legal advice. Clients have appointed her to act as their Attorney in the event that they become unable to manage their own affairs and she has acted in this capacity on a number of occasions.
Andrea is a member of Solicitors for the Elderly.
“We are very pleased with the highly professional service that we have received from you. We will certainly use your company in future when we have legal work to be done and strongly recommend you to others.”
Anon, April 2019