
Lasting Powers of Attorney
A Lasting Power of Attorney (“LPA”) is a document that is signed by someone (called “the Donor”) in order to give power to another person (called “the Attorney”) to make decisions on behalf of the Donor. Under a Property and Financial Affairs LPA you can give your Attorney power to manage your financial affairs. Under a Health and Welfare LPA you can give your Attorney power to make health and welfare decisions on your behalf. Having an LPA in place means that if the Donor becomes mentally incapable then the Donor’s affairs are in the hands of a trusted person whom the Donor has appointed.
Who Should Have An LPA?
It is particularly relevant for elderly people and anyone suffering from an advancing illness. However, anyone who wants to put their affairs in order should consider having one. It will give you peace of mind that someone is able to look after your financial affairs or make health and welfare decisions should the need arise.
Who Should Have An LPA?
It is particularly relevant for elderly people and anyone suffering from an advancing illness. However, anyone who wants to put their affairs in order should consider having one. It will give you peace of mind that someone is able to look after your financial affairs or make health and welfare decisions should the need arise.
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