APS Legal & Associates

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Lasting Power of Attorney

If you were to become unable to handle your own financial and medical affairs, your loved ones would not automatically be able to do this themselves. Gaining legal permission from the Court of Protection is not only a lengthy and costly exercise, but may also run the risk of joint assets being frozen while the application is being made and processed.

A Lasting Power of Attorney (LPA) allows you to specify in advance of illness, or in case of accident, who the people are that you trust to handle your affairs for you. There are two different types of LPA: one allows you to specify trusted people to handle your financial affairs, while the other covers your welfare and medical decisions.

LPAs are recognised only when they have been registered with the Office of the Public Guardian. This vital document provides essential protection for your loved ones.

Disabled Beneficiaries

Incorporating a Disabled Discretionary Trust enables you to appoint who you wish to make financial decisions regarding the inheritance for your disabled beneficiary, without it affecting their benefits.