Safeguard your property, financial affairs and health & welfare.
You may think you don’t need a Lasting Power of Attorney? Did you know?
- If you’re admitted to hospital, your next of kin (husband, wife, son or daughter) always get the final say about your treatment, if you are unable to because you’re unable to make decisions: For example you’re in a coma or have dementia.
- Joint assets like bank accounts, investments or property held jointly, if one person loses the ability to make decisions for
themselves the other can legally make decisions for them.
- You need a solicitor in order to make a Lasting Power of Attorney.
- When you register a Lasting Power of Attorney the person you nominate always has control immediately and you lose control.
All the above are in fact, incorrect. You would need a lasting power of attorney to make the decisions described above.
If you’d like an informal chat about your (or a family members) Lasting Power of Attorney please call me direct using the contact details below.
Richard Bishop DipFA MLIBF CeLTCI CeMAP CeRER
Financial Adviser – STEP Affiliate
Director & Principal