What happens if I don’t have a LPA?
If there is no Lasting Power of Attorney in place when mental capacity is lost then a family member, friend or solicitor will have to apply to the Court of Protection to be appointed as your Deputy. This can be an extremely time consuming and expensive process, in which you are unlikely to have any say as to who is controlling your affairs and during which time no action can be taken to deal with them.
The following shows an example of what can happen when Incapacity strikes and there is no Lasting Power of Attorney in place:
An example of an incapacity case step by step:
As the Mental Capacity Act of 2005 is only a relatively new piece of legislation the trauma and considerable stress currently being experienced by thousands of people is expected to multiply over the coming years.
With an ageing population and a dramatic rise in the onset of Dementia and other debilitating mental illnesses the only sure way to protect yourself is to organise a Lasting Power of Attorney before it is too late.
Some people have found the cost at many solicitors to be out of reach and then feel confused as to where to turn. Our fees are fixed up front, highly competitive and with no hidden extras.
Beware: If you employ someone to draft your LPA make doubly certain of their total cost. Many offer a low initial price, and then you discover extra costs for “acting as your Certificate Provider” and “preparing the registration paperwork”. These are included in the Farsight Wills price, with us nothing is hidden.
At Farsight Wills we believe that we have come up with the most cost effective solution. We offer various options to enable people to have a Lasting Power of Attorney in place.
If you would like to discuss Lasting Power of Attorney, the Court of Protection or any similar topics please feel free to contact your Farsight Wills consultant. We have offices based in Swindon town centre. Alternatively we are always happy to arrange a free home visit or have an initial chat on the phone.