There may come a time in your life when you are unable to manage your financial affairs or personal welfare, owing to some form of incapacity and you will need someone to act on your behalf. Life Protection Ltd can help.

Sometimes illness or loss of mobility can make managing your affairs difficult

  • An elderly relative losing capacity is difficult enough for loved ones to deal with, without the added worry that finances are becoming muddled
  • The prospect of unpaid bills can cause unnecessary stress and anxiety, and delay someone’s recovery
  • Having someone to manage your affairs who you know and trust, and more importantly who understands you, is far more comforting than relying on a court official
  • Even the young can encounter problems due to accident or illness

What if I am unable to manage my affairs?

There may come a time in your life when you are unable to manage your financial affairs or personal welfare, owing to some form of incapacity, and you might need someone to act on your behalf.

Even when we are young, we can find ourselves incapacitated owing to illness or injury, and it can be invaluable having a reliable person who is able to manage your personal affairs and remove the anxiety at a time when you most need peace of mind.

Similarly, as we get older, the need for an attorney increases as we are more prone to illness and injury.

By creating a Power of Attorney in advance, you can ensure that if the worst were to happen both your financial affairs and personal welfare are in safe hands. Give us a call today for details on our services. We can also protect your business with business succession planning.

Power of attorney

Based in Northamptonshire and servicing areas including Northampton, Rushden, Bedford, Corby, Daventry, Desborough, Kettering and Wellingborough, we offer three different types of powers of attorney service. The type you will need will depend on your circumstances. This is a brief overview of the different types, but please do get in touch for a free consultation about which one (if any) you will need:

General/ordinary power of attorney

This power can only be used while you still have mental capacity. It will allow your chosen person (who is called an attorney) to make decisions about any property or financial affairs. You can specify what decisions they make too. This is useful if you are going away for a period of time while going through something like a house purchase or sale.

Enduring power of attorney

These are an older type of power which are no longer available. If you had one signed before they were phased out then you can still register it and if you already have one registered, it will still be valid. They can only be used when you have lost mental capacity and they can only control your property and financial affairs, they cannot be used for your health and welfare decisions.

Lasting power of attorney

These are the newest type and are often abbreviated to LPA. There are 2 types of LPA’s. One covers property and financial affairs. This can be used as soon as it has been registered as well as when you have lost capacity. You choose the scope of decisions your attorneys can make and how they make their decisions about your affairs. You can have more than one type of this power if you have a business that you would like to appoint different people to compared to your personal affairs.

The 2nd one is a health and welfare LPA. This covers all of your health and welfare decisions, including the option to make decisions about life sustaining treatment or even which care home you should go to.

Both of these LPAs have to be registered with the Office of the Public Guardian to ensure they are valid.

What our clients say about us

Gina Wood
Dipesh Radia has always been most professional and friendly in his emails and telephone conversations. He is very knowledgeable in all areas of tax affairs. Overall the service received has been of a very satisfactory level. Communication is excellent which is key to maintaining a good relationship with clients
Mark Ellis
Elsby & Co look after all my Tax and accounting needs, both personal and Business, and I am completely happy with the service they provide. In all of my dealings, whether by phone or e mail, I have always found all staff to be extremely pleasant....Polite, capable ,professional and easy to talk to. If I have had any questions or queries, they have always answered them straight away, fully and to my complete satisfaction. Responses to my mails or calls has been virtually immediate. I have every faith in them to always look after my best interests and therefore I would happily recommend Dipesh and the whole Elsby and Co team to my family and friends.
Zane Oliver
I had the pleasure of working with James from Elsby & Co as my accountant, and I cannot recommend him enough. James is an expert in his field, and he provided me with fantastic accounting services that went above and beyond my expectations. James took the time to understand my business and my financial needs, and he provided me with tailored advice and solutions that helped me to improve my bottom line. He is knowledgeable, efficient, and detail-oriented, ensuring that all of my financial records were accurate and up-to-date. In addition to his technical abilities, James is also a pleasure to work with. He is friendly, approachable, and always available to answer any questions I had. He made the often-daunting process of managing my finances a breeze, and I always felt confident that my financial affairs were in good hands. Overall, I cannot recommend James and Elsby & Co enough. If you are looking for an accountant who can provide you with top-notch services and help you to achieve your financial goals, look no further. James is the best in the business, and I guarantee that you will not be disappointed!
Colin Halford
Formerly Trevor Newell Accountants, i was a little apprehensive when i learnt a new accountants would be doing my accounts. Dipesh is now my accountant & after a little misunderstanding on my part probably i am happy with how things work & that he is doing a good job on my behalf & explains things well.
Emma Fletcher
Elsby & Co recently performed an external audit for us for a grant fund claim. The process was simple and efficient and the team were very helpful.
Ben Verinder
Professional. Prompt to respond to queries. Good team and really really useful advice.
Very professional, knowledgable and friendly team, everyone goes above and beyond ! I couldn’t recommend Elsby & Co highly enough !!!
Sam Etemadi
The level of advise, care and professionalism is next to none. Our company, Dr S Etemadi Dental Practice Ltd, has been a client for many years and intends to stay for many more years to come. Highly recommended.
Sam Etemadi
A very big Thank You to Leona, James, Natalie, Sarah, Sarah, Charlotte, Rebecca and everyone else in this firm who are always there to lend a hand when you need advice and help. One of the best!
Nic Brough
Personal tax has become complex for me, and Elsby were able to review my position and do a professional job of filing the return for me, incidentally helping me save some money as well as giving me two days back. Very helpful and friendly, as well as clear and fast.

We focus on giving you the right advice to help your company grow