What are the types and use of Lasting Powers of Attorney?

There are two types of Lasting Powers of Attorney –Property and Financial Affairs, and Health and Welfare. You can make either or both of them. Financial matters may involve simply paying your bills to making investments decisions such as arranging a life assurance policy. Decisions may also relate to personal or medical care such as choosing what medical treatment you have or where you will live. It is most relevant that you ask yourself who you would like to make those decisions in the event of you losing mental capacity and appoint that person as your attorney to make those decisions for you. More than one attorney can be appointed.