Lasting Power of Attorney

You are never too young to have a lasting power of attorney (LPA) in place.  So many people believe that they do not have to worry until they are over 55 years of age, when in fact if you lead an active life style it may be worthwhile putting something in place now.

A lasting power of attorney is like an insurance policy you have it in the hope that you will never need to use it.

There are two types of LPAs

Property and affairs

Allows your Attorney to deal with:

  • Paying your bills
  • Collecting income and benefits
  • Dealing with your tax affairs
  • Selling or buying your home
  • May have authority straight away or only for certain assets or only if you have lost mental capacity

 

Health and welfare

Allows your Attorney to make decisions about:

  • Where you live
  • Your medical and day to day care
  • Your diet, dress and visitation
  • Even whether to give or refuse life sustaining treatment if you choose
  • Authority will only be effective if you have lost mental capacity

 

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