They manage affairs of those who have elected them, and make decisions on their behalf. Some agreements have restrictions within them that limits what the lasting power of attorney can and cannot do. It is worth noting that once you have drafted and signed the lasting power of attorney document or the deputy’s orders, it applies immediately, unless you have put a restriction on the powers of your lasting power of attorney or deputy to begin only when you lose mental capacity. This is something you will be able to discuss with your lawyer when putting together the agreement.