Why power of attorney is all-important during the Covid-19 pandemic

The coronavirus pandemic and its impact on health means it is more important than ever for financial advisers to make clients aware of the benefits of having a lasting power of attorney (LPA). Getting an LPA can save families undue stress and expense if they are worried about the health or mental capacity of a relative. Rachael Griffin, tax and financial planning expert at Quilter, says the health problems caused by the Covid-19 pandemic have highlighted the importance of having an LPA. "LPAs are not just for the old and the mentally incapacitated," she says. "The pandemic is a rem...