A Lasting Power of Attorney, also known as an LPA, is a legal document that appoints someone to make important decisions for you if you lose the capacity to do it yourself. There are some myths surrounding LPAs, however, and so let’s uncover the truth.
1-My partner will just make decisions if I can’t
Many people don’t bother to make a Power of Attorney Online because they think that their spouse or civil partner can make decisions for them if they can’t. The truth is, they don’t have a legal right to do this.
2-I have an EPA so don’t need an LPA
LPAs replaced Enduring Power of Attorneys in 2007 and are still legally valid but they do not cover health and care. EPA’s can also only be legally registered once you begin to lose capacity, or have already lost it. This means it can’t be used immediately. This is why many people opt for Power Of Attorney Online LPA alternatives, which are registered before capacity is lost and can be used straight away.
3-I already have executors in my will
These executors can only deal with matters after your death, while LPAs are designed to allow an attorney or attorneys to make decisions on your behalf while you are still alive.
4-I’m too young and healthy for an LPA
This is a common myth, but it is a mistake. For example, an accident could result in a loss of mental capacity, or you could experience mental health issues.