In England and Wales, there are two types of LPA which deal with entirely different aspects of your life; Property and Financial Affairs, and Health and Welfare. You can choose to have both or just one on its own.
- A Property and Financial Affairs LPA deals with your money and property and can be used while you still have full mental capacity
- A Health and Welfare LPA deals with your wellbeing/care issues and can only be used once you are unable to make decisions yourself, not before.
Giving a trusted person power of attorney over your health and welfare does not mean they will automatically gain control over your financial affairs and vice versa.