What Your Property LPA Can Cover
Financial Decisions
- • Manage bank accounts and savings
- • Pay bills and household expenses
- • Handle insurance and pensions
- • Make investment decisions
- • Manage taxes and benefits
Property & Assets
- • Buy or sell property
- • Manage rental properties
- • Arrange repairs and maintenance
- • Handle mortgages and loans
- • Manage other investments
When Does It Take Effect?
Flexible Use
Unlike a Health & Welfare LPA, a Property & Financial Affairs LPA can be used while you still have mental capacity. Your attorney can start using it as soon as it's registered, or only when you give permission.
It also continues to work if you lose capacity, providing continuous protection for your finances.
Why Do You Need A Property LPA?
Peace of Mind for Travel
If you're travelling abroad, your attorney can manage bills, taxes, and investments while you're away.
Protect Your Assets
If you become ill or incapacitated, your attorney can continue to manage your finances without a court application.
Avoid Stress for Your Family
Your chosen attorney will have clear authority to act, without delays or disputes.