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Basically, there might come a time when you can't make decisions for yourself - and in that event, having a lasting power of attorney in place would allow someone who you trust to make decisions for you.It's probably more important than a will in some cases because it affects decisions made about you while you're still living and breathing.Here's what you need to know about LPAs...
'Power of attorneys are as important, if not more important, than wills because your choice of attorney can influence you while you are alive, whereas a will is dealing with things after you've died,' Caroline Foulger, partner and head of private client at TWN Solicitors, told the Money blog. 'If you lose capacity for whatever reason you're at a crisis point and decisions have to start being made potentially about selling your house, how to fund care etc.
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