In this video, Wills and Tax Specialist Lee Young looks at the different types of LPAs, whether you need one and what to include.
UPDATE: The Chancellor announced changes to the furlough scheme on Thursday 17th December - the update can be read here.
Rishi Sunak, the Chancellor, has just announced the Coronavirus Job Retention Scheme will carry on as it is now until the end of July and will then be extended to the end of October with changes, including employees being able to be brought back to work part-time.
Details of those changes will be published before the end of May.