Many individuals are unaware that even their closest relative does not have automatic legal authority to manage their affairs without an LPA.
While we hope you will never need to use your LPA, if you ever come to need it, it is utterly invaluable.
Tragically, there are instances where individuals regret not having a Lasting Power of Attorney (LPA) in place. One such case is that of Heather Bateman, who faced an overwhelming and costly legal battle due to the absence of an LPA. Despite being married for years and having written Wills, Heather was unable to access her husband’s funds to continue to support the family after he fell into a coma from a car accident.
To sum up, without an LPA, your family may face difficult and potentially costly legal battles to access your funds or make decisions on your behalf. An LPA also ensures that your wishes are respected and that the people you trust are dealing with your finances and property and making decisions about your health and welfare, rather than a court-appointed stranger.