LPA - Maple Wills

Lasting Power of Attorneys (LPA)

Lasting Power of Attorney

A Lasting Power of Attorney (LPA) is a legal document that is only valid in your lifetime.

In it, you give people you trust the legal power to make decisions on your behalf.

About Wills:

Why is it important?

If you develop dementia and lose mental capacity, you will need someone to help you manage your bank account and day-to-day care. A LPA is required for someone to have the legal right to do this, including your spouse. Loss of capacity is most likely in old age, but it can also be the result of a serious disease or accident. If a person has already lost mental capacity, it is too late to make a LPA so it is important to consider setting one up as soon as possible.

Your Lasting Power of Attorney

When you set up a Lasting Power of Attorney, you nominate one or more attorneys to make decisions. Attorneys are typically family members, but they can be friends, neighbours, or a professional such as a solicitor.

Health and Welfare LPA

Your attorneys can make decisions about where you live, how you wash, dress and eat, and your medical care. You can give them the right to refuse medical treatment on your behalf.

Property and Financial Affairs LPA

Your attorneys can manage your bank accounts, investments, pensions, and benefits. They can buy and sell property, pay your bills, and purchase items you need.

Wishes

Without a Will, when you’re gone your wishes won’t be considered. The legal rules of intestacy take over, which can lead to unintended consequences and cause stress and disagreements among family members. Having a Will gives you peace of mind that your gift will go to your loved ones. It’s a simple way to make sure your wishes are honoured.

Single Wills

A single Will is created by one person and outlines their individual wishes for how their estate should be handled after they pass away. It’s ideal for people who are not in a relationship, or for those who have different wishes from their partner.

Mirrored Wills

Mirrored Wills are two separate but almost identical Wills, usually made by couples. Each person leaves their estate to the other, and then to the same beneficiaries (like children) if both pass away. They’re a popular choice for married couples or partners who share the same wishes.
Mirrored wills are not legally linked — either person can change their will at any time without telling the other. Both types of wills must meet legal requirements to be valid, including being signed and witnessed properly.

About Wills:

Wills

A Will sets out how you want your money, property, and possessions to be distributed after your death and allows you to appoint guardians for children under the age of 18.

We can’t predict when our time will come to an end. You’ve worked hard every day, putting in the effort to get where you are now. Ultimately, we want to share the results of our lifelong work with our loved ones. Giving the product of our life’s work as a gift is the biggest and best thing we can do – it’s everything we own. It’s crucial to make sure this is done right – by writing a Will.

Lasting Power of Attorneys (LPA)

Lasting Power of Attorney

About Wills:

Why is it important?

Your Lasting Power of Attorney

Health and Welfare LPA