A Lasting Power of Attorney (LPA) ensures that, should you be unable to manage your own affairs, the people you have appointed can act on your behalf. This can save a great deal of money and distress, and makes sure your affairs are handled correctly and quickly.
The two types of LPA
Property and financial affairs
Allows your loved ones to pay your bills, buy and sell your property and manage your bank accounts and investments.
Health and welfare
Covers decisions about your health and care, and even where you live. It can only be used if you are unable to make these decisions yourself.