26/05/2026
A Financial Lasting Power of Attorney (LPA) isn’t just about planning ahead—it can also save your family significant time, stress, and expense.
Without an LPA in place, loved ones may need to apply to the Court of Protection to manage your affairs. This process can be slow, complex, and costly at an already difficult time.
There are also ongoing expenses to consider. Court-appointed deputies are often subject to annual supervision fees and bond payments, costs that simply don’t apply when you’ve chosen your own trusted attorney in advance.
Perhaps most importantly, an LPA allows immediate access to your finances if needed. Your appointed person can manage bank accounts, pay bills, and handle investments without delays—helping to avoid frozen accounts and financial disruption.
Putting an LPA in place is a simple step that can make a significant difference for those around you.
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protectedlifeplanning.co.uk