PROFESSIONAL WILL WRITING
Why should I plan for my funeral now?
Funerals costs have risen by 81% over the last 10 years to an average cost of £3,700 today rising far above the level of inflation. This is a trend that is likely to continue due to the lack of suitably priced land for cemeteries and need for local authorities to invest in their crematoria facilities.
A good way to stop funeral costs rising is to take out a pre-paid funeral plan.
There are many advantages in taking out a pre-paid funeral plan. The main advantage is you can select, pay and plan the funeral you want. Not what other people think you want.
LASTING POWERS OF ATTORNEY
Lasting Power of Attorney is a legal document. It allows you to appoint someone that you trust as an “Attorney” to make decisions on your behalf, when you no longer wish to or when you lack the mental capacity to do so. A Lasting Power of Attorney can help you plan how your health, well being and financial affairs will be looked after.
Why you need them in place
Your bank accounts can be frozen if you lose mental capacity. Without a LPA it can take months to get the same powers from the Court of Protection, which can also be costly.
The decisions you want to be made, will be made on your behalf by the people you want to make them.
Your Attorney(s) must follow the Code of Practice of the Mental Capacity Act 2005 and act in your best interests.
There are two types of power of attorney: