Lpoa

[-SharonA-]

Can someone explain the benefits of a LPOA for a person in this position:
Wife carer to husband who has middle alzheimers - married 45 years
Wife is in good health at present
Wife & husband have joint account but wife is in charge of all financial affairs
Both have private pensions with beneficiary named
They have signed over their house to their son, 5 years ago, living rent free
They both have funeral plans in place
Wife has been advised by both the GP and doctor at hospital to get LPOA but when she asks why
They say it is best to have it. Is it though?? How will it help her??

[bhg481]

If she becomes incapacitated one or both of her sons can take care of the family finances. Her husband is already struggling; if she succumbs to something they could be in trouble.

[bednobs]

If he has alzhiemers he probably won't be able to give lpa anyway.
There are 2 types though, and they might not be talking about the finances one, but the care one

[bhg481]

I seem to have misunderstood the question; I thought they were advising the lady to grant POA to her sons so that they can manage the finances if she becomes unable to do so. Bednobs is right, it can be difficult to get POA for someone who has dementia although it is possible (I've done it).

[Buenchico]

As Bednobs indicates, it might be a 'health and welfare' LPA that needs to be considered here:
https://www.gov.uk/power-of-attorney

[bednobs]

if BHG is correct int he reading of your question, i agree it would be a good idea