What happens to a lasting power of attorney when someone dies? Private Wealth

A lasting power of attorney is an excellent way to ensure your health, welfare and financial affairs are taken care of should you be unable to do so for yourself.

However, the power granted to an attorney by an LPA stops as soon as the donor dies. This means that if you have been acting as someone’s attorney, you will no longer be able to manage the donor’s affairs. At this point, the donor’s property and assets form part of their estate and will be dealt with by those responsible for the administration of the estate.

If you have any more questions about a lasting power of attorney, please get in touch now.