With Lasting Powers of Attorney, you can support a vulnerable loved one with banking, financial and health-related tasks.
There are many elderly and vulnerable people who can’t get out to go about their daily routine right now. You may have offered help to a relative or loved one but found there are certain things you can’t do for them, such as speaking with financial or healthcare providers on their behalf.
If you need to be able to offer this kind of support, we recommend asking them to give you Lasting Powers of Attorney (LPA). This would allow you to help with the small but important tasks such as banking, paying a bill, renewing an insurance policy or requesting a prescription.
Sharon Rigden, Relationship Manager at RfM Legal Services has first-hand experience of using her powers as an attorney for an elderly relative with a chronic illness:
“It is seemingly small decisions where having Powers of Attorney makes the most difference… like discussing a change of medication with the doctor or writing a cheque to pay a bill. Things would have been much more difficult if I hadn’t been able to step in to do those tasks.”
Lasting Powers of Attorney for Business
It is also possible to make an LPA which relates solely to a business. Putting in place a contingency for times when a business owner cannot make decisions for themselves will provide peace of mind that a trusted and responsible person can step in.
Read about the importance of making Lasting Powers of Attorney here.
We offer a free initial consultation during which you can discuss Lasting Powers of Attorney, making/reviewing a Will, putting assets into a Trust or another legal matter. Please email Sharon Rigden or call 01772 431233 to arrange a callback.
We are currently providing all our legal services remotely and your initial consultation will take place via a telephone or video call. Please note, you will be under no obligation to act on any of the advice given.