Plan for the Future with a Power of Attorney
A Lasting Power of Attorney (LPA) is a legal document that allows someone you trust to make decisions on your behalf if you become unable to do so. At Thomas Whiting Ltd., we guide you through the process, ensuring you have the right protections in place for your future.
There are two types of LPAs:
Health and Welfare Power of Attorney – Covers decisions about your medical care and personal welfare.
Property and Financial Affairs Power of Attorney – Covers decisions related to your money, property, and assets.
By setting up an LPA in advance, you can protect your interests and ensure your loved ones can make decisions on your behalf when needed.
Why Are LPAs Important?
Many people assume that their next of kin can automatically manage their affairs if they lose mental capacity, but this is not the case. Without an LPA in place:
- Your loved ones may have to go through a lengthy and expensive court process to gain control over your finances.
- Healthcare professionals may make medical decisions without your family’s input.
- Your assets could be frozen, making it difficult for family members to pay for care or essential expenses.
By planning ahead, you can avoid these issues and ensure that your wishes are respected.
Health and Welfare Power of Attorney
A Health and Welfare LPA allows your chosen representative to make decisions about:
✔️ Medical treatment and care plans
✔️ Living arrangements, including care homes
✔️ Life-sustaining treatment preferences
✔️ Day-to-day healthcare and personal welfare
Without this document, these decisions could be made by medical professionals without consulting your family. Having an LPA ensures that your loved ones can advocate for your best interests.
Property and Financial Affairs Power of Attorney
A Property and Financial LPA allows your chosen representative to manage your:
✔️ Bank accounts and savings
✔️ Investments and pensions
✔️ Property and mortgage decisions
✔️ Paying bills and managing debts
✔️ Business interests (if applicable)
This LPA is particularly useful if you become incapacitated due to illness, dementia, or an accident. It ensures that your finances remain in safe hands, preventing disruptions to essential payments and protecting your assets.
Advantages of Having a Power of Attorney
✅ Protects Your Interests – Ensures your financial and personal affairs are handled according to your wishes.
✅ Prevents Legal Complications – Avoids lengthy and costly court applications if you lose mental capacity.
✅ Gives You Control – Allows you to choose a trusted person to make decisions on your behalf.
✅ Ensures Financial Stability – Keeps your finances in order even if you are unable to manage them yourself.
✅ Reduces Stress for Loved Ones – Gives your family peace of mind knowing they can act on your behalf when needed.
How Thomas Whiting Ltd. Can Help
At Thomas Whiting Ltd., we offer expert advice and guidance on setting up a Lasting Power of Attorney. We help you:
🔹 Understand your options and choose the right type of LPA
🔹 Ensure legal compliance and complete the necessary paperwork correctly
🔹 Register your LPA with the Office of the Public Guardian
🔹 Provide long-term support to ensure your affairs remain in order