Changes to Lasting Power of Attorney forms from 1st July 2015 by James Pinniger
Changes to Lasting Power of Attorney forms from 1st July 2015
As from 1st July the forms required to make and register a Lasting Power of Attorney are changing (although the old forms can still be used until the end of 2015). The new forms combine the LPA itself and the registration paperwork and although they are less cluttered and simpler than their predecessors the combined form is longer, some 20 pages.
It is no longer compulsory to name anyone in the LPA who has to be given notice when a registration application is made, and the new forms require the person making the LPA to specifically state whether they wish the LPA to come into operation once registered or only if mental capacity arises. Although an attorney can only act under a welfare LPA if the person making it does not have mental capacity, it can be useful for an attorney under a financial LPA to be able to assist a donor who retains mental capacity to manage his/her financial affairs.
None of us knows what is round the corner and mental incapacity can arise at any stage of life and without warning. Making Lasting Powers of Attorney ensures that if you are unable to make decisions about your property and financial affairs and/or your health and welfare those decisions can be made by those you love and trust! Do not leave it until its too late!