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Make Your LPA's Water Tight

An interesting article highlighting the increase in action being taken against Attorneys appointed under Lasting Powers of Attorney (LPA’s) to manage the financial affairs of another person.
In reality,  making an LPA ‘water tight’ is extremely difficult but what you can do is minimise opportunities to be left open to challenge.
This increase highlights the importance, not only of making an LPA in the first place (without it, a Court application would be necessary to manage the finances of someone who has become mentally incapable), but also the importance of choosing the right person and ensuring that the LPA does what is intended.  It is not a simple process and can be adapted to suit individual needs and desires.
Therefore, using a solicitor to prepare the LPA is highly advisable.

If you would like to find out more please call us today on 0800 088 6004