The Vital Role of a Lasting Power of Attorney (LPA)

Life is unpredictable, and having a Lasting Power of Attorney (LPA) in place ensures your financial, health, and personal affairs are managed by someone you trust if you become unable to make decisions.

At BJ McKenna Solicitors in Stockport, we help individuals and families set up LPAs to protect their interests and provide peace of mind.

What is a Lasting Power of Attorney?

A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint a trusted individual, your attorney, to make decisions on your behalf if you become incapacitated.

There are two types of LPA:

• Property & Financial Affairs LPA – Covers financial matters such as managing bank accounts, paying bills, handling property transactions, and making investment decisions.

• Health & Welfare LPA – Allows your attorney to make decisions about medical treatment, care preferences, and living arrangements.

Without an LPA in place, your loved ones may face legal complications and delays in managing your affairs, potentially leading to financial difficulties or healthcare decisions being made without your input.

When Might You Need an LPA?

Many people assume an LPA is only for the elderly, but there are several situations where having one in place is invaluable:

1. Medical Emergencies & Accidents

A sudden illness, stroke, or severe injury could leave you temporarily or permanently unable to make decisions. An LPA ensures a trusted person can handle your finances, medical care, and essential affairs without delay.

2. Mental Health Crises

Conditions such as depression, bipolar disorder, or schizophrenia can impact your ability to manage your affairs. An LPA allows someone you trust to take over during difficult periods, protecting your financial and personal interests.

3. Extended Travel & Work Commitments

If you frequently travel for work or leisure, an LPA allows your attorney to handle urgent matters in your absence, including:

• Paying bills and managing direct debits

• Handling property transactions

• Overseeing business decisions

4. Cognitive Decline & Long-Term Conditions

Neurodegenerative conditions such as Alzheimer's or dementia can affect decision-making ability over time. Setting up an LPA early ensures your wishes are followed and avoids a costly and lengthy Court of Protection process.

Why Setting Up an LPA is Essential

• Prevents Legal Delays – Without an LPA, loved ones may need to apply for a Deputyship Order, which is costly and time-consuming.

• Protects Your Finances – Ensures someone you trust can access bank accounts, pay bills, and manage investments if you're unable to.

• Ensures Healthcare Wishes Are Respected – Gives your chosen attorney the power to make medical and care decisions in line with your preferences.

• Provides Peace of Mind – Knowing your affairs will be handled by someone you trust offers security for you and your family.

Get Expert Advice on Setting Up an LPA

An LPA is not just for the elderly, it's for anyone who values security and continuity in their financial and personal affairs.

At BJ McKenna Solicitors in Stockport, we specialise in Lasting Powers of Attorney, ensuring your legal documents are legally sound and tailored to your needs.

📞 Contact us today to discuss setting up an LPA and protecting your future.