LET'S TALK: POWER OF ATTORNEY
Advice
Posted on: September 18th, 2023
LET'S TALK: POWER OF ATTORNEY 💥
A Lasting Power of Attorney (LPA) is a document that provides authority for someone to make decisions for you, or act on your behalf, should you be unable to make those decisions yourself.
The people you appoint to manage your affairs are called the attorneys.
A lasting power of attorney is a completely separate legal document to your will although many people put them in place at the same time as getting their will written, as part of planning for the future.
LPA provide future security in the event you are diagnosed with a long term illness, such as dementia or any event where you may lose mental capacity. The document allows a person (people) to be nominated to make decisions about financial affairs and/or health and care decisions.
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