Why do I need an LPA?

Why do I need an LPA?

Not everyone understands the importance of having a Lasting Power of Attorney in place and until the time comes, when an LPA is required, many don’t know what they are needed for.

A Will, although extremely important, only comes into effect when the person who made the Will passes away. A Lasting Power of Attorney is required during your lifetime so that someone can make decisions for you when you are unable to make them for yourself.

A Lasting Power of Attorney allows you to appoint someone that you trust to make decisions for you, if you lose mental capacity or are unable to make decisions for yourself.

There are two types of Lasting Power of Attorney:

  • Health & Welfare Lasting Power of Attorney; and
  • Property & Financial Affairs Lasting Power of Attorney.

 

Health & Welfare Lasting Power of Attorney

The Health & Welfare Lasting Power of Attorney allows your appointed Attorney/s to take decisions on your behalf in relation to your health, medical care, welfare, day-to-day living and activities.

In order for your Attorney to take decisions on your behalf they may need to provide the original Lasting Power of Attorney, or a certified copy, to the following people, depending on the decision that is being made (the Attorney will also need to provide proof of their own identity, such as a passport or driving licence, again this will vary):

  • GP / GP Surgery
  • Hospital Staff
  • Care Home
  • Social Workers
  • Local Authority
  • Sheltered Accommodation

We understand that these conversations are difficult but we always recommend that you have discussions with your Attorney/s to ensure that they know how you would like to be cared for, your preferences for day-to-day care and your end of life care plan.

 

Property & Financial Affairs Lasting Power of Attorney

The Property & Financial Affairs Lasting Power of Attorney allows your appointed Attorney/s to take decisions on your behalf in relation to your home, property, cash, bank accounts, investments and financial affairs.

In order for your Attorney to take decisions on your behalf they may need to provide the original Lasting Power of Attorney, or a certified copy, to the following people, depending on the decision that is being made (the Attorney will also need to provide proof of their own identity, such as a passport or driving licence, again this will vary):

  • Bank
  • Building Society
  • Utility Companies
  • Care Home
  • Land Registry
  • Local Authority
  • Department for Work & Pensions
  • Service Providers

Take a look at our four case studies to see how a Lasting Power of Attorney can help:

If you would like to discuss putting a Lasting Power of Attorney in place, call us on 01727 865 121 or email us at info@TotalLegacyCare.co.uk for a free discussion on how we can help.

Leah Waller

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