What are the two types of Lasting Power of Attorney?
There are two types of lasting power of attorney.
Lasting Power of Attorney (LPA) for financial decisions
This LPA covers decisions such as:
– Buying and selling property
– Paying the mortgage
– Investing money
– Paying bills
– Arranging repairs to the property.
Lasting power of attorney (LPA) for Health and Welfare
This LPA covers decisions such as:
– where you should live
– your medical care
– what you should eat
– who you should have contact with
– what kind of social activities you should take part in.
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