The task of future-proofing our assets is no easy feat. As many opt to write will online uk style, they quickly realize that while drafting a will is essential, there’s another integral element to robust estate planning: the Power of Attorney (POA). Blending the forces of Wills Trust LPA and POA ensures a comprehensive safeguard for not just your assets, but also for decision-making when the unexpected happens.

Understanding Power of Attorney
POA is a legal document that allows an individual to appoint someone they trust to make decisions on their behalf should they become unable to. There are various types of POA, including:

Lasting Power of Attorney (LPA): This kicks in if you lose mental capacity due to reasons like an accident or illness. Two kinds exist: one for financial decisions and another for health and welfare.

Ordinary Power of Attorney (OPA): This is valid only while you have mental capacity. It might be used if you’re abroad for an extended period and need someone to manage your finances.

The Symbiosis of POA and Wills
While a will dictates the distribution of assets posthumously, a POA is about safeguarding your wishes while you’re alive but unable to make decisions. Here’s how they complement each other:

Immediate Decision-making: While wills lay out your wishes after your demise, POA ensures that someone can immediately step in if you’re incapacitated.

Holistic Approach: With both a will and a POA, you’re essentially covering all bases. From asset distribution to healthcare decisions, nothing is left to chance.

Peace of Mind: Knowing that there’s a trusted individual ready to make decisions in your best interest, combined with the confidence that your assets will be distributed as per your wishes, is reassuring.

Wills Trust LPA: The Missing Puzzle Piece
When it comes to estate planning, Wills Trust LPA ensures a seamless journey. But it’s not just about the wills. They emphasize the significance of POA, guiding users on how to integrate it into their estate planning. The blend of their digital proficiency and legal expertise ensures that all angles are covered.