LPA Flashcards
1
Q
LPA Types?
A
Health and Welfare & Property and Financial Affairs
2
Q
LPA When in force?
A
When mental capacity is lost / finance can be before if specified
3
Q
LPA Revoked in force?
A
No
4
Q
LPA IHT Planning
A
Very hard - Normal christmas gifting ok
5
Q
Attorney requirements
A
Over 18 and not bankrupt
6
Q
Donor requirements
A
Over 18 and capacity to contract
7
Q
LPA Signatures
A
Attorney, Donor and Witness
8
Q
LPA Forms needed
A
Certificate by prescribed person known for two years
9
Q
LPA Registered?
A
With OPG fee to pay to OPG
10
Q
LPA Joint or single attorney
A
Can have a replacement if solo, but if no replacement LPA ceases. If joint both attorney’s need to agree
11
Q
No LPA?
A
Court of protection appoints deputy
Takes Time and money
Assets inaccessible
