Have you considered what would happen if you became incapable of making decisions for yourself? As the population gets older many of us find that we need to give control of financial and legal matters to others. And as more of us work abroad we find we need to give others the power to act on our behalf in certain matters.
 

A Power of Attorney is a legal document that allows this to be done. It could for example, allow someone to sign cheques and letters for you if you were going abroad for a while. Or, if you became seriously ill, your business and personal interests could be looked after by someone you trust.

 

There are two types of LPA

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Property and Financial Affairs allows your chosen person(s) to make decisions regarding your property and finance such as paying bills, collecting pensions and benefits, dealing with your bank account, and buying and selling property etc.

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Health and Welfare allows your chosen person(s) to make decisions concerning your welfare including where you live and the type of care and treatment you receive if you are unwell and unable to make decisions for yourself. You can also use the Health & Welfare LPA to give your chosen person the authority to consent or to refuse life sustaining treatment on your behalf.

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