Lasting Power of Attorney (LPA) Service

Lasting Powers of Attorney (LPA) are the means by which you can appoint one and/or more persons to look after your property, affairs and or personal welfare in the event that you or a close family member, loses mental capacity, and can no longer make these decisions. An LPA must be made whilst you are well and have the right mental capacity. Whatever your age, putting in place an LPA in relation to your property and financial affairs is important and gives you peace of mind in the event of an unexpected loss of capacity through accident or illness.

Without a Lasting Power of Attorney in place, a court order is usually needed to deal with the property and financial affairs of someone who lacks capacity to deal with such matters. The process of applying to the Court of Protection typically takes up to a year and the financial affairs of the person who has lost capacity is effectively frozen in the meantime. The on-going management of that person’s property and finances will be subject to the supervision of the Office of the Public Guardian going forward. Having to involve the Court and the Office of the Public Guardian in this way can be costly, time consuming and intrusive for the family of someone who has lost capacity. This situation can be avoided by taking the simple step of putting in place a Lasting Power of Attorney whilst there is no issue in relation to your capacity.

The Monmouthshire Building Society understands that this can be a subject which no one wishes to think about. However, it is one which if put off could cause considerable issues for those administering the affairs of the person who has lost their mental capacity. To ensure this is dealt with professionally and sensitively, we have teamed up with a panel of local solicitors. Our local panel of solicitors are available to provide a professional service to ensure that putting in place a Lasting Power of Attorney is not complicated, and will save a great deal of difficulty, delay and ongoing expense in the long run.

Devising a Lasting Power of Attorney can be easy and affordable

The good news is that making an LPA doesn't have to be expensive or complicated. We can put you in touch with one of our trusted panel of solicitors*. They'll offer you expert help with making an LPA - all for a fixed price, agreed in advance, which you simply pay direct to the solicitor.

Ask us for professional help today

When you contact us, we will pass your details to one of our panel of solicitors who will contact you directly within 5 working days of us receiving your request.

*Monmouthshire Building Society Group Lasting Power of Attorney Service is provided by our trusted panel of South Wales based solicitors. Full details are available from the Society upon request. No advice will be given by Monmouthshire Building Society Group as to whether a Lasting Power of Attorney is suitable for your circumstances and no introductory fee will be made to the Monmouthshire Building Society Group. Our trusted panel of South Wales based solicitors will pay the Society a flat fee of £25 for a referral made where subsequently business is carried out on behalf of a customer. This is known as an introducers fee.

 
 


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