Lasting Powers of Attorney

Understanding Lasting Powers of Attorney: Your Comprehensive Guide

Understanding Lasting Powers of Attorney: Your Comprehensive Guide

Lasting Powers of Attorney (LPAs) are powerful legal documents that grant trusted individuals the authority to make decisions on your behalf in the event that you become unable to do so yourself. Often likened to an insurance policy for life, LPAs offer invaluable protection and peace of mind, ensuring that your affairs are managed according to your wishes even if you are unable to communicate or make decisions.

When Can You Make an LPA?

You can create an LPA at any time while you have mental capacity. It’s advisable to do so sooner rather than later to ensure that your wishes are protected in the event of incapacity or illness.

Understanding the Types of LPAs:

There are two main types of LPAs, each covering different aspects of decision-making:

  • Health and Welfare LPAs: These LPAs grant attorneys the authority to make decisions regarding your healthcare, accommodation, and personal welfare.
  • Property and Financial Affairs LPAs: These LPAs empower attorneys to manage your financial affairs, including paying bills, managing investments, and buying or selling property.

Creating an LPA:

Creating an LPA involves several steps, including:

Choosing suitable attorneys who you trust to act in your best interests.

Completing the LPA forms accurately, specifying your preferences and instructions.

Signing the LPA in the presence of witnesses.

Registering the LPA with the Office of the Public Guardian (OPG) to make it legally valid.

Enduring Power of Attorney (EPA)

An Enduring Power of Attorney (EPA) was the precursor to LPAs and allowed individuals to appoint attorneys to manage their property and financial affairs. EPAs created before October 1, 2007, are still valid, but they only cover property and financial matters. If you have an EPA, it’s essential to consider creating separate LPAs for health and welfare decisions. We’re more than happy to help review your existing documents for you.

What Should You Do if You Have an EPA?

If you have an existing EPA and wish to create LPAs for health and welfare, or if you want to appoint different attorneys, you should consider revoking the EPA and creating new LPAs to ensure that your wishes are accurately reflected and legally binding.

How to Revoke an LPA

If circumstances change, and you wish to revoke an LPA, you can do so by completing a deed of revocation and notifying your attorneys, the Office of the Public Guardian (OPG), and relevant parties. It’s essential to follow the proper legal procedures to ensure that the revocation is valid and legally binding.

There are several reasons why you might consider revoking a Lasting Power of Attorney (LPA):

1. Change in Circumstances: If your circumstances change, such as a falling out with your appointed attorney or a significant change in your relationship with them, you may wish to revoke the LPA and appoint a different attorney who better reflects your current wishes and interests.

2. Loss of Trust: If you no longer trust your appointed attorney to act in your best interests or believe they may abuse their powers, you may choose to revoke the LPA to protect your interests and ensure that your affairs are managed responsibly.

3. Revised Preferences: If your preferences or wishes regarding your health and welfare decisions or property and financial affairs change, you may wish to revoke the existing LPA and create a new one that accurately reflects your updated wishes and priorities.

4. Attorney Incapacity: If your appointed attorney becomes incapacitated or is no longer able to fulfil their duties effectively, you may need to revoke the LPA and appoint a replacement attorney to ensure that your affairs are properly managed.

Changing Attorneys

You can change your attorneys at any time while you have mental capacity by creating a new LPA or amending the existing one. It’s crucial to notify relevant parties and update your LPA documents accordingly to ensure that your wishes are accurately reflected.

The Role of the Office of the Public Guardian (OPG)

The OPG is responsible for supervising attorneys, investigating concerns about abuse or misconduct, and safeguarding the interests of vulnerable individuals. They play a crucial role in ensuring that LPAs are used appropriately and that the rights and well-being of donors are protected.

Why Professional Support is Advisable

While it’s technically possible to create LPAs without professional assistance, seeking professional support is advisable to ensure that your documents are legally valid, accurately reflect your wishes, and comply with all legal requirements. Professional advisors can provide invaluable guidance and support throughout the process, helping you make informed decisions and navigate complex legal issues.

Capacity Assessment

Capacity refers to an individual’s ability to make decisions for themselves. Before creating an LPA, it’s essential to ensure that you have the necessary mental capacity to understand the implications of your decisions and appreciate the consequences. At Just Wills and Legal Services, we undertake capacity assessments for clients to ensure that they fully understand the nature and significance of creating LPAs.

Quelling Concerns

It’s common for individuals to have concerns about LPAs, including fears of being carted off to care homes or worries about financial abuse. However, it’s essential to understand that LPAs are designed to empower individuals and protect their interests. Attorneys have legal responsibilities to act in the donor’s best interests and can face serious consequences, including criminal prosecution, for abuse or misconduct.

By creating clear instructions and appointing trusted individuals as attorneys, donors can ensure that their wishes are respected and their interests are protected, providing invaluable peace of mind for themselves and their loved ones.

Don’t leave your future to chance. Contact Just Wills and Legal Services today to learn more about Lasting Powers of Attorney and how they can provide invaluable protection and peace of mind for you and your loved ones.



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