What is a Lasting Power of Attorney?
A Lasting Power of Attorney allows an individual to appoint a person of their choice (an Attorney) to look after their affairs at a time when they are no longer able to make decisions or manage their affairs themselves.
There are 2 types of Power of Attorney that can be created:
1. Property and Affairs
This gives the attorney the power to make decisions on behalf of the person seeking help (the donor) concerning all of their financial affairs including bank accounts, pensions, benefits, bill payments and the sale of property.
2. Health and Welfare
This gives the attorney the power to make decisions on where you live, day to day care, which may include diet, and what to wear.
The attorney can also make key decisions on whether to accept life sustaining care.