The Will Associates – Lasting Power of Attorney (LPA)
If you or your spouse/partner loses capacity any bank account with their name on could be frozen even if it’s in joint names.
Access can be gained by becoming a “deputy” but this can cost several thousand pounds and several months to put in place.
With an LPA in place you have access straight away.
You choose the person you want to become your attorney which safeguards your wishes being carried out the way you wish them to be.