Property and Finance LPA
Protect Your Assets With A Property & Finance LPA
Secure your assets with a Property & Finance LPA. Grant control to trusted individuals for critical decisions and financial protection.
What is a Property & Finance LPA?
A Property and Finance Lasting Power of Attorney (LPA) is a legal document that allows you (the “donor”) to appoint someone you trust (the “attorney”) to make decisions on your behalf regarding your financial affairs and property matters. This can include managing bank accounts, paying bills, selling or buying property, and dealing with investments.
Why should I consider Property & Finance LPA?
Having a Property and Finance LPA is essential for securing your future. Health conditions like Dementia, Parkinson’s disease, stroke, or as the result of an accident, can render decision-making impossible. Without an LPA, your family might face time-consuming and costly legal procedures to manage your affairs.
Furthermore, without an LPA, joint bank accounts with your partner could become restricted, impacting crucial financial obligations like mortgage payments and utility costs. Don’t leave your assets vulnerable; a Property and Finance LPA provides peace of mind and ensures your wishes are upheld when you need it most. Protect your loved ones and secure your financial well-being with this important legal document.
What would happen if I didn't have a Property & Finance LPA?
Without a Property and Finance LPA, you risk losing control over who makes decisions on your behalf. By planning ahead with a property and finance LPA, you secure the power to designate someone you trust to handle your property and finances.
Without an LPA, your loved ones may have no say in the decisions made for you, leading to potential legal challenges and added stress. Having a Property and Finance LPA in place, avoids the complexity, expenses, and stress of court proceedings by taking proactive steps to safeguard your future.
What our customers say...
Wills FAQ
Yes, you can appoint multiple attorneys to act jointly or severally. It’s essential to carefully select individuals you trust and consider their ability to work together if appointed jointly.
You can only make changes to your LPA before it is registered with the OPG. Once registered, any modifications require revoking the existing LPA and creating a new one.
Without an LPA, your loved ones may need to apply to the Court of Protection to manage your affairs, which can be time-consuming, costly, and emotionally challenging. Having a Property and Finance LPA in place avoids such difficulties and ensures your affairs are handled by someone you trust.
Selecting the right attorney is crucial. Look for someone you trust implicitly, who understands your wishes, and is capable of handling financial matters responsibly.
No, your attorney has a legal obligation to act in your best interests and manage your finances solely for your benefit, not for personal gain.