Lasting Power of Attorney (LPA) is a legal document which allows you to decide who would be able to make decisions on your behalf, should you lose capacity.
It is widely assumed if you’re married, your spouse has the right to make these decisions but unfortunately, this is not the case, and you must have a Lasting Power of Attorney in place to do so. There are two documents:
Property and Financial LPA deals with digital assets such as online bank accounts, social media, normal bank accounts, property, bills etc.
Health and Welfare document deals with care decisions, medications, life sustaining treatment etc.
If you have a business and you lose capacity, you want to ensure that the right people are making those decisions and sometimes this may not be your spouse. We can separate the personal and business property and financial decisions by creating separate documents, ensuring the correct people are in charge.
Social Fellow
Latest news