Many people are concerned about what will happen to them in the event that they cannot make decisions for themselves through loss of mental capacity.
With a growing elderly population, people are much more aware of the possible effects of Alzheimer’s disease, dementia, strokes and other conditions which can lead to a loss of capacity.
The Lasting Power of Attorney (LPA) is a form of power of attorney that was created by the Mental Capacity Acting 2005, the relevant provisions coming into force on 1st October 2007.
An LPA can be used to appoint someone you trust to look after your interests if you become incapacitated mentally or physically.
Contact usThere are two types of LPA:
- The LPA for Property and Financial Affairs authorises someone to deal with your property and your financial affairs on your behalf. This would include being able to access your bank accounts and deal with your investments, pay bills on your behalf and, if it were ever necessary, dealing with a sale or letting of your property. The attorney has a duty, as far as is possible, to keep you informed about what they are doing on your behalf and to involve you in the decision-making process.
- The LPA for Health and Welfare authorises someone to make decisions that relate to your medical care and social welfare, including where you are going to live, what type of care you receive, whether or not you should have an operation, and sometimes even whether life-sustaining treatment should be continued or stopped at a time when you are critically ill. This type of lasting power of attorney can only be used by the appointed attorney at a stage where you can no longer make these decisions for yourself.
It is possible to make either or both kinds of LPA, and we can advise on the procedure and impact of making this important step.
Court of Protection Applications
If someone suffers a serious stroke, or develops Alzheimer’s disease or something of that nature, with the result that they are then unable to deal with their financial affairs, if they do not have a lasting power of attorney in place for property and financial affairs, then an application would have to be made to the Court of Protection for a deputy to be appointed on their behalf. We are able to assist you with the application to the Court of Protection. Often just a single application is necessary for the appointment of a deputy, but if someone owns a property jointly with someone else, then a further related application may also be required so that appropriate steps regarding the property can be made.
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