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A Lasting Power of Attorney is a legal document that lets you appoint a nominated person(s) to make decisions on your behalf. 
In truth, it's really important for everyone to make a Will, no matter what your age.  It's not only something you should contemplate doing in your 60s, 70s or 80s.
So what is a Lasting Power of Attorney? It is a legal document prepared in writing which formally appoints someone else to legally act on your behalf in the event of you being unable to do so yourself.