What is a Lasting Power of Attorney (LPA) and how does it work?

A Lasting Power of Attorney (LPA) is a legally binding document designed to be used in cases where you lack capacity to act due to factors such as illness, an accident or the onset of dementia.

Why should I make a Will?

All adults need to make a Will, and there are many reasons as to why you should do so, and these include the following very important reasons:

  • Peace of mind – in knowing that you have made your wishes clear to those who are left behind.
  • Avoid the Intestacy Rules – if you don’t make a Will the law does it for you, and as a result the “wrong” people may inherit.
  • You decide who receives your assets – retain control over who will receive your assets when you die.
  • Unmarried couples can ensure their partner is properly provided for – your partner will not automatically inherit you Estate in the event of your death.
  • The legal process is simpler – with a valid Will in place your loved ones may be able to access some of your Estate without having to wait for Letters of Administration.
  • Appoint Guardians for your children – a Will is the only place you can appoint Guardians for your children and without a Will the courts will decide who should look after your children.
  • Appoint Executors of your choosing – without a Will the courts will decide who should administer your Estate.
  • Creating Trusts for children or vulnerable people – a will allows you to leave assets into trust and appoint Trustees to manage these assets on behalf of your chosen beneficiaries.
  • Leave gifts to Charity, friends or family – a Will provides you the opportunity to make a gift to a charity you support or to a friend or family member who you want show your appreciation to.
  • Provide guidance for your funeral – A will allows you to include instructions on the type of funeral you would like and to include any special requests.