from: The Will Company
It is common for us to be asked the difference between a Lasting Power of Attorney (LPA) and a General Power of Attorney.
The table below is designed to give you some of the obvious stand out differences. In basic terms, the GPA is used as a stop gap.
This is often-temporary authority if immediate. No registration is required and it can be simple and used straight away.
As an example, if a client is starting to lose capacity, it would allow a chosen attorney to start to sort the donors affairs, whilst waiting the 20 weeks to get the LPA registered.
The important part to note is that once a donor loses capacity, the GPA can no longer be used.
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Advising on Wills/Trusts/Probate/Powers of Attorney
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