Posted on February 1, 2017
It is common knowledge that we should all have a will, or we take the risk that our wishes may not be abided by, but all too often we do not even consider giving a Lasting Power of Attorney (LPA) or just put it off to a later date, by which time it may well be too late. There is also a misconception that an LPA has to be something that you only need to consider once you reach a certain age but anyone can lose capacity at any point in their lives, whether it be through an accident or illness. The Alzheimer’s Society estimates that by 2025 there will be one million people that will be living with Alzheimer’s and it will be essentially impossible for these people to deal with their own finances.
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