Lasting Power of Attorney
A Lasting Power of Attorney (LPA) allows you to appoint someone you trust to make decisions about your wealth, your health, or both, when you’re no longer able to. Having an LPA means that you nominate an individual (or individuals) to act as your “attorney”, which enables them to operate your bank account, pay your bills or make financial decisions about any of your assets, including investments or property matters, on your behalf. The LPA can be effective immediately or deferred to suit your needs. Taking the time to think about putting an LPA in place early provides reassurance to you and your family for the future. This is because they ensure your wealth and affairs can be managed if you have an accident or if you're seriously ill and no longer able to make decisions for yourself.