A Power of Attorney (or POA) is a legal document which appoints one or more persons who can make critical decisions on your behalf in the event that you are unable to make these decisions yourself. A Power Of Attorney may become necessary in certain situations for example if you are out of the country and need someone to deal with your matters on your behalf in your absence, or if you ever become debilitated due to an injury or illness.
The person(s) you appoint in your POA are referred to as your ‘Attorneys’.
In England and Wales, there are two types of Lasting Power of Attorney:
LPA for Property and Financial Affairs
LPA for Health and Welfare
A Power of Attorney becomes invalid once the donor passes away and therefore it is only valid for the duration of someone’s life.