Lasting Power of Attorney – LPA
Finance and Property LPA and Health LPA
– Lasting Power of Attorney or LPA
Who would make your decisions for you if the unthinkable happened and you became incapacitated? A Lasting Power of Attorney or LPA is a record in law of someone you trust who can make those decisions for you should you be unable to for any reason.
What is a Lasting Power of Attorney or LPA
A Lasting Power of Attorney or LPA can be granted to someone who can look after your interest should you become unable to make those decisions for yourself through illness or accident. Most people don’t get round to making a Lasting Power of Attorney as they just don’t think a lack of mental capacity or accident will ever affect them, not realising that if they were unable to make certain decisions due to accident or illness then certain aspects of life can become very tricky, very quickly.
The problem with that approach is when an LPA is needed it becomes very difficult to get and needs to be done through applying to a court. This can be both time consuming and very expensive – It can take somewhere in the region of 9 months and with costs potentially in excess of £3000+. It would be exceedingly difficult to make decisions on either your health and treatment or your financial matters until the court appointed an Attorney – how difficult could this make life for both you and anyone who relies on you?
Appointing an Attorney while you have mental capacity to do so is very easy and means that you safeguard both your and your families interests. Appointing an LPA to look after your affairs gives someone (or more than one person) the power to make decisions on your behalf about either your Health and Welfare or financial affairs or possibly both if you lost the capacity to do so for yourself through either an unfortunate accident or illness.
Pick the person(s) to be your Attorney(s). Can be anyone over the age of 18 who is not bankrupt
The forms need to be signed by yourself, the Attorney(s) and independently witnessed
The forms also need to be signed by a Certificate Provider who can vouch for current mental faculty.
As a Certificate provider we can oversee the process and ensure its validity
The form is then registered with the Office of the Public Guardian
Now the form is registered it can be used as soon as needed/if ever needed
The Lasting Power of Attorney must be registered with the Office of the Public Guardian (OPG) before it can be used. Once registration is complete however the LPA is then active and can be used immediately in case of an emergency, however most remain dormant unless mental capacity was lost. We would always advise sending the LPA in as soon as it is signed as this can take 12 weeks to be registered by the OPG.
Lasting Power of Attorney Case Study
Watch Heather Bateman’s moving story as seen on BBC’s the one Show. Read More
Property Protection Trust Case Study
Mr and Mrs Jones wanted to ensure their children would inherit even if long term care was required. Learn More