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CeRER24 5.3 Example: LPA

LTs for LIBF

Created on February 16, 2026

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Transcript

Example: LPA

Cerys is a 68-year-old widow. She lives alone and is fiercely independent. However, her mother suffered with dementia and she is keen to ensure that in the event that she loses capacity herself, her children will be able to manage her finances for her. She therefore sets up a property and financial affairs LPA, naming her two adult children as her attorneys. Should Cerys lose capacity in the years to come, she now has peace of mind knowing that her children will be able to act on her behalf.