We cannot stress enough the importance of having a Lasting Power of Attorney (LPA) in place. I t allows the people you trust to step in and make decisions for you and act on your behalf if you become unable to or simply no longer want to. As an LPA can greatly affect your quality of life, it must be kept up to date. The Office of the Public Guardian (OPG) is the relevant governing body in England and Wales, and they help to ensure that your health and financial decisions are honoured.
I f your nominated attorneys change their name or address, you must inform the OPG as soon as possible. This is also the case in the unfortunate circumstance of one of your attorneys passing away. Changes must be sent either in writing or by email. Look for your reference number, which will begin with PG, on any past correspondence from the OPG as it will help them to identify you.
I f you need to update a name or address you must provide supporting documents, such as an original marriage certificate, showing the new details. I f one of the attorneys has died, however, you must send the OPG a copy of the death certificate, the original LPA, all certified copies of the LPA as well as an up-to-date return address. Don’t forget that only the OPG can change an LPA, otherwise, it can invalidate the document!
Although we cannot update the LPA document, if you need further advice on updating your LPA or if you don’t currently have one and would like some peace of mind over your health and financial affairs, then get in touch and we will be happy to help.
Redwood is one of the South’s leading Pensions, Wills, Trusts & Estate Planning providers and we are dedicated to helping families to Grow, Protect and Enjoy their wealth. With our unrivalled knowledge of Family Wealth and Estate Planning, we can advise on any situation. Join us at one of our Free Public Information Seminars on Wills, Trusts & Estate Planning: Book online Book Me A Place!, Call us on 01489 877 547 or Email info@redwoodfinancial.co.uk to book a NO-OBLIGATION Initial Meeting with us to review your financial planning needs.
