A Lasting Power of Attorney, or LPA, is a legal document which allows you to appoint people you trust to act and make decisions on your behalf if you were to lose capacity through an accident illness such as a stroke or dementia, or simply if you find it inconvenient to do so yourself.
There are different types of LPA:
This covers any personal financial affairs such as paying your bills, running your bank account, claiming any state benefits or pensions and even selling your house.
This allows for any medical and healthcare decisions such as where you should live if you are to move into care and what medicines and treatments you should receive.
In October 2007, the Enduring Power of Attorney was replaced by the LPA which is a more comprehensive document. An existing Enduring Power of Attorney is still effective if it was properly signed before 2007.
At Rebecca Finch Estate Planning we can help to you put together the right Lasting Power of Attorney (LPA) for your situation, ensuring somebody of your choosing is able to manage your affairs if you become incapable of managing them yourself. Book a no obligation appointment today.
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