Why Can`t I just draft my own Lasting Power of Attorney?

by | Sep 21, 2021 | LPAs

Many pLPAeople unfortunately believe that if they suddenly became incapacitated by illness or an accident their spouse or children would automatically be able to deal with their affairs such as accessing their bank accounts, paying their mortgage, household bills and making important decisions on their behalf about their medical care and even where they should live.

They would be wrong.

Without a Lasting Power of attorney family members will not be able to undertake these tasks which is why it is so important to plan today for your future.

You can draft your own Lasting Power of Attorney or LPA yourself, but it must be completed correctly, and the forms are lengthy and designed to be signed and witnessed in a set order.

They contain terminology such as jointly or jointly and severally and many people confuse their meaning which can have adverse consequences if one attorney moves away or is uncontactable.

Mistakes on completion and witnessing of these forms leads to further delays and costs, there is a fee to resubmit your LPA if it contains a mistake and delays can mean all the difference if your condition deteriorates and you lose capacity or suffer an accident before it has been completed.

We are able to provide professional guidance and expertise taking you through the whole process efficiently and ensuring you have the best LPA for your circumstances whatever the future may hold.

DISCLAIMER

The information provided is of a general nature. It is not a substitute for specific advice in your own circumstances. You are recommended to obtain specific professional advice from an appropriate professional before you take any action or refrain from action. Whilst we endeavour to use reasonable efforts to furnish accurate, complete, reliable, error free and up-to-date information, we do not warrant that it is such. We and our associates disclaim all warranties. The information can only provide an overview of the regulations in force at the date of publication, and no action should be taken without consulting the detailed legislation or seeking professional advice.

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To find out more about how we can help you, or even just talk through any of your probate questions, don't hesitate to get in touch.