Powers of attorney are useful if you need someone to make decisions on your behalf. This may just be temporary (for example, to ensure that bills are paid if you were in hospital) or more long-term (for example, if you have been diagnosed with dementia).
What is a Lasting Power of Attorney?
A Lasting Power of Attorney (LPA) gives someone you trust the legal authority to make decisions for you. There are two types of LPA, 'Property and Financial Affairs' and 'Health and Welfare', and you can create one or both. The Property and Financial Affairs LPA allows your chosen attorneys to operate your finances, for example to mange your bank accounts and pay bills. The attorney can act while they have mental capacity (if you consent) but also if you lose mental capacity.