A Lasting Power of Attorney (LPA) is a legal document that allows you (the donor) to appoint someone you trust (the attorney) to make decisions on your behalf in case you become unable to make decisions for yourself due to mental or physical incapacity.
Here is a general guide to understanding and creating an LPA:
Types of Lasting Power of Attorney (LPA):
- Property and Financial Affairs LPA: This grants your attorney the authority to manage your financial affairs, such as banking, paying bills, or selling property.
- Health and Welfare LPA: This grants your attorney the authority to make decisions regarding your healthcare, medical treatment, and general welfare.
Choosing your attorney:
- Select someone you trust implicitly, as they will have significant decision-making power on your behalf.
- Discuss your wishes and preferences with your chosen attorney and ensure they understand your values and priorities.
Eligibility and mental capacity:
- To create an LPA, you must be at least 18 years old and have the mental capacity to understand the implications and consequences of the document.
- It is advisable to create an LPA while you are still capable of making decisions independently.
Completing the LPA form:
- Obtain the LPA form from the relevant government authority or online resources specific to your country or jurisdiction.
- Complete the form accurately, providing the necessary personal details and specifying the powers you want to grant to your attorney.
- Sign the form in the presence of a witness, ensuring they also sign and provide their details as required.
Registering the LPA:
- In many jurisdictions, LPAs must be registered with the appropriate government agency before they can be used. This is typically the Office of the Public Guardian or a similar authority.
- Pay the registration fee, if applicable, and submit the LPA form to the relevant authority.
- Once registered, the LPA becomes legally effective and can be used by your attorney if and when needed.
Review and updates:
- Regularly review your LPA to ensure it still reflects your wishes and preferences. You can update or revoke an LPA at any time as long as you have mental capacity.
- Keep your attorney informed about any changes or updates to your LPA, and provide them with a copy of the document for reference.
It's important to note that this guide provides general information, and the process and requirements for creating an LPA may vary depending on your jurisdiction. It is recommended to consult with a legal professional or seek specific guidance from the relevant government authority to ensure compliance with local laws and regulations.