A Lasting Power of Attorney (LPA) is a hugely powerful document and it is vital that every adult should have one.
With an LPA you are able to appoint someone to look after your affairs should you become unable to manage yourself due to a loss of “Mental Capacity”, for instance due to illness, injury or dementia.
Without an LPA your relatives must make a lengthy application to the Government’s Court of Protection and the Office of Public Guardian (OPG) to be appointed a “Deputy”. Your loved ones will be examined to see if they are fit to run your affairs and if they deem that this is not the case, they can appoint a stranger. Deputies must continuously obtain permission from the OPG to pay expenses on your behalf- even your household bills. And, of course, for every decision the OPG makes they will charge you a fee.