Transcript below.

What's the difference between a health and welfare, Lasting Power of Attorney (LPA), and a property and financial Lasting Power of Attorney (LPA)?

Well, the health and welfare is dealing with anything to do with medical information.

I'll give a quick example.

Before my father passed away, he had dementia.

Thankfully had LPA's Lasting Power of Attorneys (LPA) in place at the time, because, I mean, I thought we would possibly use the other LPA, the one to do with property and finance, more.

But in reality, because we were talking to the medical professionals, the doctors and that, they were looking after him in care, we needed the health and welfare a lot. And of course, when you're talking about somebody needing care, which hospital, what type of treatment, how they are treated, and so on, the best people to know that was my mother, my brother, and myself, who were the attorneys.

If we hadn't had that Lasting Power of Attorney (LPA), the doctors would not have been able to talk to us. They would be making decisions about his treatment based on the little bit of knowledge that they have of him.

The big reason why, it's one of those things where Lasting Power of Attorneys (LPA) that I hope you never need to use them. But if you do, they will make the world a difference.

The other LPA is the property and financial one.

Now this is to do with anything to do with bank accounts, paying bills, buying anything, selling anything. I mean, again, back to my father, I was quite surprised that, I mean, they had a few joint bank accounts. Some of the banks actually froze some of those joint bank accounts once my dad had been diagnosed with dementia. So my mother then needed to go into the bank with the Lasting Power of Attorney (LPA) to prove that she had that authority, and then they released the monies that were in the account to her.

Without that, we wouldn't have had the option, if you don't have a Lasting Power of Attorney (LPA), and one is needed, the only option is to spend between £3000-£4,000, and have a process for three to six months, where a court will basically decide who is the best person or persons to make decisions on behalf of your loved one. None of them will ever know you. How are they going to possibly be able to make the decisions the best for that particular person? They don't know them.

So the Lasting Power of Attorney (LPA) will save a tremendous amount of stress and so on, if they're needed, if somebody's unfortunate, to have an accident or sickness due to illness or due to accident.