A leading Wirral law firm has seen a huge surge in the number of
people wanting to prevent the controversial Court of Protection from
handling
their assets.
Dozens
of elderly people supported by their children have asked
Kirwans to produce Lasting Powers of Attorney, the legal document which
ensures
that a family does not lose control over assets of a loved one should
they
become mentally incapacitated.
In
the first five months of this year, the firm has handled more
than 50 compared to just five in the same period last year – an increase
of
1000 per cent - and demand is on course to be even greater in the second
half
of this year.
John-Paul Dennis, a solicitor in the
Kirwans’ Wills and Estates
team, said: “This is about putting your affairs in order. A substantial
number
of people – although still a minority – make a Will ensuring things run
smoothly upon their death. But until recently only a small number of
people
gave consideration to what would happen in the event of them becoming
mentally
incapacitated.
“Without an LPA in place, you could
find decisions being taken
on your behalf by a distant family member or, worse still, the local
authority
or Official Solicitor. An LPA ensures you choose who is empowered to
make vital
welfare decisions on your behalf such as what you should eat and drink,
medical
treatment and even the clothes you should wear.”
Without
an LPA in place – something which will cost in the
region of £300 – relatives would be forced to apply for a Deputyship
Order from
the Court of Protection in order to be granted the same authority, but
this
process can end up costing more than £2,000.
John
Paul added: “Putting an LPA in place does not mean you lose
control of your own affairs, but it does ensure that should you become
mentally
incapacitated, financial decisions can be made on your behalf without
needing
permission from the Court of Protection every time you want a new TV,
holiday
or any one-off expenditure for your welfare.”