LASTING POWER OF ATTORNEY COVENTRY
Burbage Finance’s trusted advisors will support you through the entire process of setting up a Lasting Power of Attorney Coventry, ensuring full registration and legal compliance.
What is a Lasting Power of Attorney?
A Lasting Power of Attorney (LPA) is a critical legal document that allows you to appoint someone—known as an Attorney—to make decisions on your behalf if you’re no longer able to, whether due to illness, accident, or cognitive decline. Setting up a Lasting Power of Attorney in Coventry ensures your choices are respected during life’s most vulnerable moments.
Retaining Control Over Your Decisions
Creating a Lasting Power of Attorney doesn’t take away your independence. You remain in control for as long as you have mental capacity. It simply ensures that when you can no longer decide for yourself, someone you trust will step in.
The Importance of Registering Your LPA
It’s essential to register your Lasting Power of Attorney with the Office of the Public Guardian while you still have capacity. At Burbage Finance, we manage the full LPA registration process, giving you peace of mind that your documents are valid and accessible when needed. Once registered, your LPA remains in force throughout your lifetime.
Expert Guidance for Your LPA in Coventry
Our friendly advisors explain each step of the Lasting Power of Attorney Coventry process in simple, clear language. Whether you’re creating an LPA for health and welfare or managing your finances, we’ll guide you through every decision.
Types of Lasting Power of Attorney
LPA for Property and Financial Affairs
This type of Lasting Power of Attorney enables your appointed attorney to manage:
● Buying or selling property
● Paying bills and mortgage
● Handling bank accounts
● Investing money
● Managing pensions or benefits
● Overseeing home repairs
You can choose to limit your attorney’s powers or allow them full control. All financial decisions must be handled separately from your attorney’s personal funds. You can even request regular financial updates to be shared with a trusted adviser or family member.
LPA for Health and Welfare
This Lasting Power of Attorney allows decisions regarding:
● Medical care and treatment
● Daily routine (e.g., meals, hygiene, living arrangements)
● Consent or refusal of life-sustaining treatment
● Social activities
● Contact with specific people
● End-of-life care preferences
This LPA only becomes active when you are no longer able to make your own health or welfare decisions.
FAQ
If you are unable to make your own decisions and manage your own affairs than an application to the Court of Protection will have to be made for someone to be appointed as a deputy this can be extremely costly going into the thousands which will be charged to your estate.
The Courts would appoint a Deputy and this may not be the person that you would have chosen and therefore this is not the right person to make your decisions. This process is lengthy and expensive and therefore having a Lasting Power of Attorney in place for when the unexpected happens is the right thing to do.
You may have had discussions with loved ones about your wishes should the unthinkable happen, commonly life sustaining treatment, medication and long term care. Without an LPA in place those wishes may be irrelevant, a doctor or the Local Authority will decide on your behalf and this may be different to your wishes. Alongside this bank accounts and investments could be frozen along with standing orders and direct debits to pay bills in your name. Even having a joint bank account would not stop this happening.
No. A LPA is an individual document and therefore it is prepared per person. However, they can be setup by the same advisor at the same time.
Anybody over the age 18 years old. However, people tend to think about LPA’s later on in life. The best advice is to have the LPA set up earlier on in life and have it in place for when your circumstances change.
