The primary concern for the family of a loved one affected by mental health is the speedy recovery of the person concerned, however, they will also have practical concerns such as who will manage the finances and property of the person affected, and even consideration of medical treatment decisions. Dealing with these issues can cause difficulties for the family at what is already an extremely traumatic time.
No one likes to think about the possibility of any form of mental illness but sadly it can affect anyone; it is therefore important to be prepared.
A Lasting Power of Attorney (LPA) is a legal document that enables you to appoint someone to legally manage your property and financial affairs, as well as make health and welfare decisions on your behalf in the event you become unable to make those decisions.
An LPA is best viewed as an insurance document - hopefully, it will never be needed, but by having it in place it gives both you and your loved one's peace of mind that they are able to make decisions for you should the need arise.
If you are interested in learning more about Lasting Powers of Attorney please contact a member of our Private Client Team today who will be happy to talk you through the process.