This is because people often set up an LPA as a way of protecting their interests
should they lose mental capacity in the future. This can provide great peace of
mind for people who fear their health may deteriorate with age.
LPAs enable you to nominate someone such as a family member or trusted associate to make decisions on your behalf.
The property and finance LPA allows you to appoint someone to look after your
financial affairs, and the personal welfare LPA lets you grant an attorney
authority over such matters as health care and the kind of medical treatment
you receive.
However, ill health is by no means the only reason to use LPAs. They can also be very helpful in other circumstances when there is no illness involved.
For example, you may wish to grant someone the authority to handle some of your affairs because you are busy with other commitments. Or you may be abroad for long periods and need someone to look after certain matters while you are away.
LPAs must be registered with the Office of the Public Guardian before they can be used. They should be drawn up with the help of a solicitor to ensure that they
accurately express your wishes and protect your interests.
Please contact us if you would like more information about Lasting Powers of Attorney.
