Lasting Power of Attorney gives someone else to make decisions for you if you can’t. You can apply for Lasting Power of Attorney whilst you’re still of sound mind, in case you’re ever incapable of self-advocating.
When you apply for Lasting Power of Attorney, you are the donor, and you’re giving power to one or more attorneys of your choice. Your attorneys are required to act in your best interests and make decisions on your behalf.
There are two different types of Lasting Power of Attorney – Financial and medical – giving someone the power to make choices for you if you’re not mentally capable.
Here at Money Savings Advice, we have partnered with one of the UK’s leading LPA & Will-writing companies, and they are members of The Society of Will Writers, and they have already helped thousands of our readers get the right Will & LPA in place.
Choosing an independent adviser means they won’t recommend a scheme unless they are sure it is in your best interests. Their advice is also regulated by the FCA, which gives you an additional layer of protection.
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