A will and lasting powers of attorney (LPAs) are two of the most important legal documents you'll ever create. Together, they ensure your wishes are followed both during your lifetime and after. Yet millions of adults in the UK don't have either in place.
Why You Need a Will
Without a will, your estate is distributed according to the rules of intestacy. This means your assets may not go where you'd want: for example, unmarried partners have no automatic entitlement, and the rules may not reflect modern family structures.
Types of LPA
- • Property and Financial Affairs LPA: allows your attorney to manage your finances, pay bills, and make property decisions
- • Health and Welfare LPA: allows your attorney to make medical and care decisions on your behalf