What To Do When You Notice Your Aging Parents Are Starting To Slip forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Lasting Power of Attorney applications drop 30% during pandemic
Not back to pre-pandemic levels
Rachael Griffin: While numbers still haven t returned to their previous levels, they are getting closer and it is encouraging to see that people are getting the much-appreciated peace of mind that having an LPA entails.
Lasting Power of Attorney (LPA) registrations fell significantly during the pandemic as lockdown measures made the process more onerous, according to official figures.
A freedom of information request to the Ministry of Justice, made by Quilter, showed a 30% dip in LPAs registered between April last year and February this year.
The advice and wealth management business said while numbers had improved, they had still not recovered to their pre-pandemic levels. With February this year 25% below February 2020.