A donor can make two types of Lasting Power of Attorney. Which two types are they?

• A. Health and Welfare / Property and Financial Affairs
• B. Health and Welfare / Legal Authority
• C. Property and Financial Affairs / Executor Appointment
• D. Wills and Trusts

Answer: (A)

A lasting power of attorney has two distinct kinds: Health and Welfare and Property and Financial Affairs. A lasting power of attorney is a legal document that lets someone you trust make decisions for you if you lose mental capacity. The Health and Welfare type covers personal care and medical decisions, such as where you live, daily care, and consent to treatments. The Property and Financial Affairs type covers financial matters, like paying bills, managing bank accounts, and handling property deals. You can set up either one or both in a single LPA, depending on your needs. The other options listed aren’t types of lasting power of attorney: legal authority isn’t a defined LPA category, executor appointments relate to handling a will after death, and Wills and Trusts are separate instruments for distribution of assets after death rather than decisions during incapacity.