Property vs Health LPA: Which Do You Need?

Two Types of LPA: A Quick Comparison

Feature	Property & Financial	Health & Welfare

Covers	Money, property, assets	Healthcare, care, living arrangements
When usable	Anytime once registered	Only when you lack capacity
Decisions	Financial and legal	Medical and care
Registration fee	£92	£92

Do You Need Both?

Short answer: Most people benefit from both.

Why? Because losing capacity affects all aspects of life. You need someone to manage your money AND make healthcare decisions.

Scenario Without Both LPAs

John has only a Property and Financial Affairs LPA. When he develops dementia:

• ✅ His son can pay care home bills
• ✅ His son can sell the house for care fees
• ❌ His son cannot choose which care home
• ❌ His son cannot consent to medical treatment
• ❌ Healthcare decisions are made by doctors alone

Scenario With Both LPAs

Mary has both types of LPA. When she has a stroke:

• ✅ Her daughter can pay bills and manage finances
• ✅ Her daughter can choose the rehabilitation centre
• ✅ Her daughter can consent to treatment
• ✅ Her daughter can arrange care at home
• ✅ All decisions align with Mary's wishes

When You Might Choose One Type Only

Property and Financial Affairs LPA Only

Consider this if:

• You're comfortable with doctors making health decisions
• You have specific healthcare advance decisions already
• You primarily want to protect your assets
• Budget is extremely tight (though both is better)

Health and Welfare LPA Only

Consider this if:

• You have minimal financial assets
• Your spouse already has access to joint accounts
• Your main concern is healthcare decisions
• You want control over end-of-life care

Our Recommendation

Get both types of LPA. Here's why:

Comprehensive Protection: Life doesn't separate into neat categories

Cost Effective: The small extra cost (£92 more registration) is worth the complete coverage

Peace of Mind: Your family can help with everything, not just part

Avoid Gaps: Without both, critical decisions may fall through cracks

Cost Comparison

Option	Registration Fees	myLPA Service

Property LPA only	£92	From £74
Health LPA only	£92	From £74
Both LPAs	£164	From £140

The savings on getting both together make complete protection affordable.

Same Attorneys or Different?

You can appoint:

• Same attorneys for both (simplest)
• Different attorneys for each (specialist approach)
• Overlapping attorneys (some in common, some different)

Same Attorneys Work Well If

• You have one or two people you fully trust
• Those people can handle both financial and health matters
• Simplicity is important to you

Different Attorneys Work Well If

• You have an accountant for finances but want family for health
• Different family members have different strengths
• You want specific expertise for each area

Making Your Decision

Ask yourself:

Do I have assets that need protecting? → Property LPA

Do I want someone to make healthcare decisions? → Health LPA

Do I want complete protection? → Both LPAs

For most people, the answer to all three is yes.

Take Action

Don't choose one when you need both. At myLPA, both LPAs together cost from just £140—complete protection for less than you'd expect.

Get Both LPAs →