A Lasting Power of Attorney (LPA) allows you to plan ahead and appoint someone you trust to make decisions on your behalf, should you become unable to do so in the future, whether due to illness, accident, or cognitive decline.
Why set up a Lasting Power of Attorney?
Imagine being in a position where you can’t manage your own finances or make decisions about your health. Without an LPA in place, even close family members may face delays, legal costs, or restrictions when trying to step in.
Creating an LPA puts you in control today, so that someone you trust can act in your best interests tomorrow.
The two types of LPA
There are two kinds of LPA, and you can choose to set up one or both:
- Property and Financial Affairs LPA
- Covers decisions like managing bank accounts, paying bills, selling property, or handling pensions and investments
- Can be used as soon as it’s registered, with your permission, or only if you lose mental capacity.
- Health and Welfare LPA
- Covers decisions about medical treatment, daily routines, care arrangements, and even life-sustaining treatment.
- Can only be used if you are no longer able to make decisions yourself.
When should you set one up?
Many people assume LPAs are only needed later in life, but the reality is, any of us could experience a sudden change in health at any time. By setting up an LPA while you’re still well and capable, you ensure your wishes are known and your voice is heard, even if you can’t speak for yourself.
It’s not just a legal formality, it’s a practical, compassionate step that protects your future and gives peace of mind to your loved ones.
Planning for the future might feel daunting, but having an up-to-date LPA gives you and those you care about confidence and clarity in the years to come.