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LPA & COFP

Although it is a subject that we find difficult to deal with, it is important for all of us to think about what would happen if we were to become unable to manage our affairs and see to our day to day needs, principally through mental incapacity.

How would somebody be able to access our bank and building society accounts, deal with payment of bills, and deal with the sale of our property if we needed to go into nursing care and so on. These are complicated areas and we can offer expert advice and guidance.

We can help you draw up Lasting Powers of Attorney (LPA) which will enable a person of your choice, someone you trust, to deal with your affairs for you.

There are two types of LPA:-

A Property and Affairs LPA – this allows the person that you appoint to deal with matters relating to your financial affairs, such as administering bank accounts, paying household or medical bills or buying and selling property.

A Health and Welfare LPA – this allows the person you appoint to deal with things relating to your personal health and welfare, including your day to day care and welfare.

If your next of kin or someone close to you has the lost mental capacity to manage their own affairs and they do not have in place a valid power of attorney appointing someone to act on their behalf we can assist, give advice and guidance in their best interests and we can apply to the Court of Protection for a deputyship order which will authorise you or other third party to manage their financial affairs.

We have extensive experience in advising on these issues and making applications to the Court of Protection relating to financial planning and statutory wills.  One of our solicitors dealing in these areas is Nick Osborn who is a member of the Solicitors for the Elderly and the Society of Trust and Estate Practitioners (STEP).  

For further information or to make an appointment please call Nick Osborn or Rory Thorp on 0208 449 7326.

For further information, help or advice, please fill in our contact form or call us on 0208 449 7326.