Why have a Lasting Power of Attorney?
https://www.ellisbates.com/wp-content/uploads/2023/07/LPAs-holder.jpg 560 315 Eleonore Bylo Eleonore Bylo https://secure.gravatar.com/avatar/b5adb76d17281f6b7f4defda1eb58ea4?s=96&d=mm&r=gLasting Powers of Attorney (LPA)
Setting up an LPA is vital to ensure that you have a trusted individual who can manage your affairs when you are no longer able to do so yourself
- 33% of of UK adults know how to use an LPA effectively, despite the fact that 95% of UK adults are aware of LPAs
- 37% of Britons have put an LPA in place, despite the fact that 74% deem LPAs necessary
- 41% of married couples have put in place an LPA, but 24% have no plans for doing so