02/11/2026
Do I really need a Lasting Power of Attorney if I have a spouse or family who can help?
This is one of the most common misconceptions we hear.
If you lose capacity, your spouse or adult children do not automatically have legal authority to manage your bank accounts, property or other financial affairs for you.
A Lasting Power of Attorney lets you choose, in advance, who you trust to make decisions on your behalf.
We have explained the issue in more detail here:
Think your spouse or children can automatically make decisions for you? Discover why a Lasting Power of Attorney is essential, what happens without one, and how to protect your family from costly legal complications.