Information on Lasting or Enduring Power of Attorney
Lasting Power of Attorney was previously known as ‘Enduring Power of Attorney’, which they replaced in 2007 – making the process more streamlined and accessible. A Lasting Power of Attorney is something you should look ahead to in case of the loss of mental capacity which could become a barrier to making decisions regarding your future.
None of us wants to consider losing our mental capacity, therefore having an LPA in place will ensure your best interests can be met, as well make sure any assets you have are readily available to contribute towards any ongoing care. A reduction in mental capacity can happen suddenly – due to a stroke for example, or more gradually as dementia develops.