14/08/2026
The misconceptions of Lasting Powers of Attorney (LPAs)…
So many people link LPAs to ‘being old’, which is understandable if you believe that LPAs are only needed for dementia, Alzheimer’s, strokes etc.
BUT if you’re over 18 years of age, and you’re alive - you need to consider getting your LPAs in place.
ESPECIALLY if you’re a couple, have children, own a property jointly with someone else and/or have a joint bank account.
Did you know if you lose capacity (fall off a horse, car accident, major water infections, accident at work, major surgery recovery, medically induced coma etc etc - all of which have nothing to do with ‘being old’ and could happen to any of us) your loved ones essentially lose all rights to you? The rights to make decisions around your resuscitation, life support, medication, location of care, equally your financial matters such as paying your bills, accessing your accounts, managing any property - and this could be catastrophic if you own a bank account or property jointly with the incapacitated person!
As by default, you would also be in incapable of accessing your OWN money or remortgaging/selling your OWN home, due to the freezing of joint assets having a knock on repercussion to you too. And vice Versa.
Hopefully they’ll just be a big waste of money - but if they’re ever needed, your family will be so very grateful you have them in place.
For more information simply inbox me 👍🏼
