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Advice on Lasting Power of Attorney please.
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Posts: 260 Forumite


My wife and I have obtained mutual LPA's which have both been registered and activated etc. We are both fit and healthy and hopefully will not need to use the LPA's for a long long time, if ever.
My query however is this. Do we now leave them to one side and only act on them when they are actually required, or do we register them with the appropriate financial institutions at this point so that everything is in place for the future.
I can see the benefits of having them in place in advance but I'm concerned that to do so might a) cause unnecessary queries and complications with the banks by asking them to do this when nothing is wrong, or b) in umpteen years time the banks knowledge of their existence may possibly have been lost in the mists of time and the process may have to be repeated?
I'd be grateful for any advice/experience on the correct way to proceed.
Thank you.
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We have had ours in place for around 8 years now, and have never registered with any financial institutions, that will be left until it is necessary. We have 3 attorneys our children and each other.1
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