Contrary to common belief, LPAs are not just for the elderly. If you became incapacitated as a result of a car accident or sporting injury, LPAs are crucial to have in place to enable those you trust to manage your personal affairs on your behalf.
Have those potentially difficult conversations now, to make matters easier for loved ones later down the line.
It is important to take advice so that the LPAs can be prepared according to your particular circumstances.
Plan ahead, take control of your affairs and ensure there can be no doubt as to your wishes.
Many people assume that there is an automatic right for a family (or a spouse) to deal with an individual's finances once they lose capacity or if they cannot manage their own finances for some other reason, but without a power of attorney having been put in place, this is not the case.
Share
Have a related issue you want to talk about?
