Lasting Powers of Attorney: Protecting Your Wealth, Family and Legacy
Wealth brings freedom, opportunity, and security. But with wealth also comes complexity. Ensuring that your finances, health, and long-term care are managed according to your wishes is one of the most important steps you can take to protect yourself and your family.
A Lasting Power of Attorney (LPA) allows you to choose trusted people to make decisions on your behalf if you are ever unable to do so yourself. Without an LPA in place, your loved ones may face lengthy court applications, unnecessary costs, and uncertainty about your wishes.
What Is a Lasting Power of Attorney?
The Two Types of Lasting Power of Attorney
A Lasting Power of Attorney is a legal document in England and Wales that gives chosen attorneys the authority to make decisions for you if you lose mental capacity. There are two types of LPA, and both are vital for those with significant assets or complex estates
1. Property and Financial Affairs LPA
- Ensures your wealth, businesses, and investments continue to be managed smoothly.
- Attorneys can access bank accounts, oversee trusts, pay taxes, and protect property portfolios.
- Without it, loved ones may be forced to apply to the Court of Protection, leading to costly and time-consuming delays.
2. Health and Welfare LPA
- Covers decisions about your medical treatment, long-term care, and living arrangements.
- Allows your family to make choices in line with your wishes, rather than leaving decisions to medical professionals or local authorities.
- Without it, even close family may be excluded from crucial care decisions.
Why High-Net-Worth Individuals Need an LPA
While everyone benefits from having an LPA, wealthy individuals face greater risks if one is missing:
- Asset Protection – Safeguard property, shares, and investments against mismanagement.
- Business Continuity – Prevent disruption in companies, partnerships, or family businesses.
- Privacy & Control – Avoid the public process of the Court of Protection.
- Reduced Family Conflict – Make your wishes clear and legally binding, avoiding disputes.
- Global Planning – Ensure cross-border assets are considered as part of your estate strategy.
Why Choose Wildcat Law?
At Wildcat Law, we are more than just LPA solicitors. We provide a discreet, bespoke service tailored to high-net-worth clients who require more than a standard form-filling exercise.
- Specialist Expertise: We understand high-value estates, cross-border assets, and family office structures.
- Tailored Planning: Every LPA we draft is aligned with your wealth, trusts, and estate planning.
- Collaborative Approach: We work with your accountants, wealth managers, and tax advisers to deliver a seamless strategy.
- Efficient, Discreet Service: Time is valuable—we ensure your LPAs are prepared and registered without delay.
Our goal is simple: to protect your wealth, safeguard your health, and give you peace of mind.
Take Control Today
A Lasting Power of Attorney is an essential part of any estate plan for wealthy individuals. It protects not only your finances and property but also your health and wellbeing.
Creating a Lasting Power of Attorney is not just a legal formality—it is a safeguard for your wealth, your wellbeing, and your family’s future.
Secure Your Legacy with Wildcat Law
📞 Contact Wildcat Law today to arrange a private consultation with one of our experienced solicitors.
Take control. Protect your wealth. Safeguard your future.
