At some point in life, your loved one may not be able to make their own decisions. When this happens, they may require you to make decisions for them. Although it's a difficult situation to think about, it can be made easier through planning ahead. If your loved one may soon be unable to make decisions regarding health or financial matters, it may be time to put a power of attorney in place. Power of attorney is a legal document that gives a person the authority to take care of the finances of someone who no longer can. It could be that they have become incapacitated or are in …
Everything You Need To Know About Lasting Power of Attorney
Power of attorney is a legal document which allows you to make decisions on someone else's behalf, if they are no longer able to act in their own best interests. There are a few different kinds of power of attorney. Which one your loved one needs will depend on their situation. Today we'll be discussing Lasting Power of Attorney. What is Lasting Power of Attorney? Lasting Power of Attorney (LPA) is when you have legal autonomy to act on behalf of someone else. This could be because they are no longer mentally capable of making those decisions, or they no longer wish to make those …
