What happens when a person is no longer capable of handling or managing their own affairs?
If you are unable to look after your own affairs, and you do not have a Lasting Power of Attorney, the Court of Protection will appoint a Deputy to manage your affairs for you. There will probably be significant legal fees due and the Deputy may not be aware of your personal circumstances. This could apply to anyone, at any age, by reason of illness, disability or mental impairment who may no longer be able to deal with even simple matters like handling a bank or building society account or transacting a house sale.
Unlike the old Enduring Power, which was one short document, The Lasting Power of attorney has two sections which can be made separately or together.
via Make a Lasting Power of Attorney.
