40 New Year, Fresh Start Financial & legal resolutions New Year, Fresh Start Highlights


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Securing your future fi nances T


As the new year starts, it’s a good time to think about your future fi nances. Have you ever thought what would happen if you could no longer make decisions for yourself due to accident or ill health?


here’s a misconception that your spouse or next of kin would automatically be able


to step in to deal with all matters for you. Unfortunately, this isn’t the case, as they don’t have a legal right to do so unless you have a lasting power of attorney in place. Powers of attorney allow you to


name someone you trust as your attorney and grant them a wide range of powers and the ability to make decisions on your behalf. T ere are two types of lasting power of attorney. T e fi rst is for property and fi nancial aff airs and gives your attorney the authority to deal with decisions such as liaising with your bank, paying bills and selling property. T e second type covers health and welfare issues, allowing your attorney to deal with important decisions about your medical care. Lasting powers of attorney can


also be invaluable if you have busi- ness interests. T ey can ensure your business suff ers minimal disruption, allowing your attorney to quickly step in and safeguard the business, potentially preventing lost contacts or unpaid wages. T e key factor necessary for putting


a lasting power of attorney in place is that you have the mental capacity to do so. Lasting powers of attorney will give you peace of mind that you and your


family are protected. Spending time now putting them in place, will be time very well spent.


Lewis Denley Solicitors is


a progressive and forward- thinking law fi rm located in


Horsham, West Sussex. It uses the


latest technology, alongside video and conference call facilities to


ensure its clients’ matters can be dealt with without the need to visit the company offi ces


Lasting powers of attorney can be invaluable if you have business interests. T ey can ensure your business suff ers minimal disruption


T: 01403 456430 E: privateclient@lewisdenley.com or visit: lewisdenley.com


Free water bottle


for New Year, Fresh Start readers


2 April 2023


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