It’s not easy to think about a time when you may not be able to make your own decisions, but it can help to be prepared. With Dementia Action week from 20th to 26th May we thought it would be a good time to look at lasting powers of attorney (LPA) for personal and financial matters. Of course, it’s not just the elderly who should consider LPAs, anyone could become incapacitated through accident or illness and putting arrangements in place ahead of time gives peace of mind.
A lasting power of attorney (LPA) is a legal document that lets you (the ‘donor’) appoint one or more people (known as ‘attorneys’) to help you make decisions or to make decisions on your behalf.
There are 2 types of LPA, and you can choose to make one type or both:
Making a lasting power of attorney is straight forward and reasonably priced;
Get in touch to find out more about LPAs
From our offices in Preston, Lancashire, we can assess your financial circumstances and work with you to structure your assets efficiently and identify the most appropriate way for you to achieve your financial goals.
For specialist financial advice in later life, contact Springfield Financial Services on 01772 729742 or complete our online contact form.