Many people have heard of Lasting Powers of Attorney, but misunderstandings about how they work can lead to hesitation or incorrect assumptions. Clearing up these points helps ensure people make informed decisions before support is ever needed.
Thank you for reading this post, don't forget to subscribe!LPAs and Wills Serve Completely Different Purposes
Wills and LPAs are often confused, but they are used at different times. A Will deals with someone’s estate after they die, while an LPA applies during their lifetime if they can no longer make decisions themselves. Citizens Advice has a guide on how to make a will.
An LPA Cannot Be Created After Capacity Is Lost
Some people think an LPA can be arranged once someone starts struggling with decisions, but this is not the case. To make an LPA, the person must fully understand what the document does and the authority it gives their chosen attorney. Once capacity is lost, the only option may be an application to the Court of Protection, which is usually slower and offers less flexibility. Completing a Power Of Attorney Online while someone is still able to make decisions can prevent these delays.
LPAs Are Not Only for Older People
A common belief is that LPAs are mainly for those facing age-related conditions, but capacity can change at any stage of life. Illness, injury, or unexpected health problems can leave someone unable to manage important matters, sometimes only for a short period. Setting up a Power of Attorney Online or through traditional paperwork can ensure someone trusted is already authorised to act.
Understanding these points helps people approach LPAs with clarity and confidence.