Understand the Lasting Power of Attorney (LPA)

As an essential tool for end-of-life planning, an LPA enables individuals to appoint one or more trusted persons to make important decisions on their behalf if they lose mental capacity, ensuring that their best interests are protected and their wishes respected. Here’s a closer look at the key aspects of the LPA:

Voluntary Appointment:

The LPA is a voluntary arrangement that the donor can establish while they are still of sound mind. It provides peace of mind, knowing that they are free to appoint their designated donee/s whom they trust will act in accordance with their preferences.

Effective Upon Loss of Mental Capacity:

The LPA specifically comes into effect if the donor loses mental capacity, ensuring that their chosen donee/s can step in to handle various matters, including financial, legal, and healthcare decisions.

Types of LPA:

There are two main types of power for the donee/s to decide on matters – Personal Welfare and Property & Affairs. The former addresses healthcare and personal welfare decisions, while the latter covers financial and property matters.

Decision-Making Authority:

Depending on the donor’s preferences, the donee/s can be authorised to make a wide range of decisions. There are two different LPA forms for the donor to choose from:

1. LPA Form 1 is used if the donor wishes to give the donee/s a wide range and generic powers to make decisions.

2. LPA Form 2 is used if the donor has more or specific requirements to be included in the LPA for the donee/s. This form requires the donor to engage a lawyer.

Taking the First Step

Don’t leave your future to chance. Secure your peace of mind by establishing an LPA that protects your interests and empowers your chosen representatives to act in your best interests. Our team is here to guide you through the process.