A Lasting power of attorney is a sensible form of forward planning but what do you need to know before you make one? Let’s take a look at some common FAQs.
What is an LPA?
An LPA, lasting power of attorney, gives attorneys or an attorney the legal authority to act on your behalf if you lose mental capacity.
Are there different types of LPA?
Yes! There are LPAs for Health and welfare and those for property and financial affairs. You can choose to make both or one.
How do you create an LPA?
You can make and register a lasting power of attorney online yourself via the government website or use specialist companies to create a Power Of Attorney Online. Many people choose to get professional help to complete a Power Of Attorney Online as it is important to get the details right and ensure the documents are properly registered to be legal.
Who can you choose as an attorney?
Attorneys must be at least 18 and can be anyone from a friend or relative to a solicitor or other professional.
When does a lasting power of attorney become legal?
This happens after an LPA has been registered with the Office of the Public Guardian. This usually takes between 8 and 10 weeks but could be longer if there are application issues.
When can you use an LPA for health and welfare?
This can only be used when the donor has lost mental capacity.
