Often considered as something an older person should have in place, an LPA can and should be done by anyone over the age of 18 with the mental capacity to do so. An LPA allows you to choose one or more trusted people in your life to act on your behalf or help you make decisions in relation to financial affairs or health matters if you lose mental capacity through accident, illness or conflict. This gives you control over what happens.
There are two types of LPA: Health and Welfare; and, Property and Financial Affairs. You can choose to make one or both. It is possible to make an LPA online and each LPA costs £82.00 to register with the Office of the Public Guardian. An LPA must be made by the Donor. An LPA cannot be made on behalf of the Donor.
We would always recommend taking legal advice and instructing a solicitor to this for you. A solicitor can ensure you fully understand what you are doing and that you are making the decision freely.
There are different procedures in place for those in Northern Ireland and more information can be obtained from our Member firm at McCartan Turkington Breen
The most important point that we can make is to take advice from one of our specialist firms as soon as possible if you have any related query.