A Lasting Power of Attorney (LPA) is a legal tool that allows you to appoint someone to make certain decisions on your behalf. The appointed person can manage your finances for you in the future if you reach a point where you are no longer able to make decisions for yourself.
It also allows you to appoint someone to make certain decisions on your behalf relating to your health and welfare when you are no longer in a position to do so yourself.
There are two different types of LPA: property and affairs LPA and health and welfare LPA. Each type covers different decisions, you can choose to make both types, or just one. You can have the same attorney for both, or you can have different attorneys.