What is a Lasting Power of Attorney?
Lasting Powers of Attorney (LPAs) are legal documents that allow you to authorise someone you trust to make decisions or act on your behalf.
There are two types of Lasting Power of Attorney:
Property and financial affairs – which can be used for setting up payments, handling bank affairs or dealing with property transactions. This can be used while you still have mental capacity which can be useful if you become less mobile or if you travel a lot.
Health and welfare – ensures your preferences for medical treatment and ongoing care are taken into account if you become unable to make decisions for yourself.
For your own protection it is important that Lasting Powers of Attorney are set up while you still have mental capacity and can prove that you are capable of making decisions yourself. Many people make the mistake of leaving it too late resulting in often costly and complicated issues for their loved ones to deal with.
If you would like advice on setting up Lasting Powers of Attorney contact our specialist team for an appointment.