The challenges involved in making and using lasting powers of attorney

Lasting powers of attorney (LPAs) are a valuable part of estate planning for clients of all ages. There are two types of LPA, one for property and financial affairs and one for health and welfare. Under a property and finances LPA the attorney can help with, for example, day-to-day banking or help with bigger decisions like selling a property, and can be used whether or not the donor has mental capacity.

In an article for eprivateclient, Annmarie Forster, associate solicitor in BDB Pitmans’ Private Wealth team, comments on the challenges involved in making and using lasting powers of attorney.

The full article is available, here.