Apart from the revocation (termination) of your LPA, it will be cancelled or the appointment of the Donee will be terminated in the following circumstances:
- you or your Donee dies
- your Donee lacks mental capacity
- your Donee formally declines the appointment as a donee (refer to Disclaimer by a Donee of a Lasting Power of Attorney (OPG Form D1))
- a divorce between your Donee and you, applicable if your Donee is your spouse and you have not stated otherwise in your LPA
- you or your donee becomes a bankrupt or if your donee is a licensed trust company, the company is liquidated, wound up, dissolved or under judicial management (Note: this applies to the property & affairs donee only)
- a Court order is made to cancel the LPA or your Donee’s powers, where your Donee has not acted in your best interest.
Categories:
Lasting Power of Attorney,
Revocation