The future can be unpredictable. One day you could be fine, and the next, you can’t make your own decisions due to illness, injury or old age. In these times especially, it’s important to have someone you trust who is ready to manage things for you. This is where the Lasting Power of Attorney (LPA) comes into play.
In this guide to Lasting Power of Attorney , LPA’s we’ll cover everything you need to know about them, from their definition and importance to setting one up. We’ll give you advice that’s much simpler than a Lasting Power of Attorney guide government services offer.
We’ll also tell you about a digital service that can help you navigate through every aspect of an LPA, making sure that your future is protected.
Guide for Understanding What Is an LPA
An LPA is a legal document that allows someone (known as the donor) to appoint one or more people (known as attorneys) to make decisions on their behalf if they can’t do so themselves. It gives you peace of mind knowing that your interests will be looked after even in an emergency.
There are two types of LPAs – a Health and Welfare LPA and a Property and Financial Affairs LPA. You can choose to set up both types of LPAs or just one.
With that in mind, let's take a closer look at these two types of LPAs with our brief lasting power of attorney health and welfare guide and property and financial affairs guide.
Health and Welfare LPA
A Health and Welfare LPA gives your chosen attorney(s) the authority to make decisions about your:
- Medical Treatment – What kind of medical treatment you should receive
- Care Arrangements – Deciding where you will live
- Other Personal Welfare Matters – Whom you want to have access to your personal information
Property and Financial Affairs LPA
A Property and Financial Affairs LPA gives your chosen attorney(s) the power to manage your:
- Finances – Paying bills and managing bank accounts
- Property – Selling or buying property on your behalf
- Other Financial Matters
Read more: How to Use a Lasting Power of Attorney?
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Why Is An LPA Important?
As mentioned earlier, an LPA provides peace of mind knowing that your wishes will be followed even if you can’t make decisions for yourself. It also allows you to choose someone you trust to handle your affairs. Otherwise, those decisions would be in the hands of a court-appointed deputy.
Setting up an LPA can also help avoid potential conflicts or disputes among family members. This document ensures clarity and transparency in decision-making. It helps prevent any misunderstanding about who should make decisions on your behalf and what you would like done.
Guide for Different Scenarios with and without an LPA
Here's a table explaining what happens in different scenarios regarding Lasting Power of Attorney (LPA) in the UK:
Scenario | What Happens |
---|---|
LPA for Property and Finances | A chosen attorney can make decisions about paying bills, managing investments, and selling property on behalf of the person. |
LPA for Health and Welfare | A designated attorney can make decisions about medical care, living arrangements, and life-sustaining treatment if the person is unable to do so. |
No LPA or Preparations | Without any LPA, decisions about finances, health, and welfare may be made by the court or appointed guardians, potentially leading to delays and decisions that might not align with the person’s wishes. |
Read more about the role of LPA attorney.
LPA and Dementia
If a person is diagnosed with dementia, it may already be too late to set up a Lasting Power of Attorney (LPA). This is because creating an LPA requires the person to have the mental capacity to understand the implications of the document they are signing.
Once dementia progresses to a point where this understanding is impaired, the individual may no longer be eligible to make an LPA. This underscores the importance of arranging an LPA well in advance, ensuring that your wishes regarding your property, finances, health, and welfare can be respected and acted upon by someone you trust, even if you become unable to make these decisions yourself in the future.
⚠️ Make sure that you write your LPA sooner than later. If you don't have an LPA, then you will be appointed a deputy.
Lasting Power of Attorney Guidance on Setting Up
Setting up an LPA involves a few steps that you must follow carefully to avoid legal trouble.
Here’s a Breakdown of the Process:
- Choose Your Attorney(s) – This should be someone you trust to make decisions on your behalf. It can be a family member, a friend, or a professional like a solicitor.
- Fill Out The Forms – You can obtain the necessary forms from the Office of Public Guardian (OPG). Or you can seek assistance from a solicitor or specialist service provider.
- Notify The People Involved
- Once you have completed and signed the forms, you must notify anyone who needs to know about your LPA. You should talk to close family members and those named in the LPA.
- Register Your LPA – You can’t use your LPA until it’s official. To make it legal, you’ll need to register your LPA with the OPG. Be prepared: the registration fee for each LPA is £82, or £164 for both. Some people are eligible for free or reduced registration.
- Start Using Your LPA
As you can see in the steps above, you have to provide a lot of paperwork and information to make a legal LPA.
💡 To make sure everything is in order, we recommend you seek professional advice to help you in this process. A trusted digital service like Aatos can also be useful in keeping you on track.
Read more about Lasting Power of Attorney forms
Simplify Your Legal Life With Aatos
Setting up an LPA helps protect your future and gives you peace of mind in an uncertain world. In an emergency, you know that someone you trust will take care of your affairs. We hope this Lasting Power of Attorney guide pdf helped you learn the basics of this document.
We know that it can be overwhelming to even think about setting up an LPA. But it could be much easier with support. That’s where Aatos comes in.
Aatos is an online service developed by lawyers. We combine the latest technology with people-first services. We're helping you create lasting power of attorney online and other legal measures with technology that’s there to guide you every step of the way. We also customise our service to meet your needs. We're trying to make the world of law more accessible for you.
Don't wait until you need legal services - take action now to protect your future with an LPA. And make this process unbelievably easy with your friends Aatos!