Why make lasting powers of attorney?

There could come a point when you are no longer able to manage your financial affairs, or affairs relating to health and welfare. In this situation, it is generally the case that someone else will have to act on your behalf. Appointing an attorney of your choosing can ensure that, when you are no longer able to act on your own behalf, you know that a trusted person will have the power to manage your affairs on your behalf. It is now possible to make two types of Lasting Powers of Attorney, one which covers financial affairs and another which covers health and welfare.

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