There are two different types of LPA: property and affairs LPA and health and welfare LPA. Competency is presumed unless there exists a reason to declare a person as mentally incompetent.There are several factors that would affect an individual’s competency to make a particular decision, a particular contractual agreement, to execute an effective deed to real property, or to execute a … You could make a ‘Lasting Power of Attorney.’ This is a legal process. Helping a friend or relative who is struggling to manage their finances can be difficult, especially if they do not have the mental capacity to make their own decisions. Symptoms may be intermittent, leading individuals to resist legally imposed assistance and making it difficult for a court to establish whether or not they are competent to care for themselves. You, as the person who signs the power of attorney, are called the principal. A Power of Attorney is a legal document in which you give someone you trust (called your “attorney”) the right to make decisions for you if something happens and you are no longer able to look after matters on your own. The person who forms the power of attorney is known as the principal and the person granted the authority over the affairs is the attorney-in-fact. Warning signs for my bipolar depression. People with bipolar disorder have a higher rate of physical illnesses such as diabetes and heart disease. A general power of attorney is comprehensive and gives your attorney-in-fact all the powers and rights that you have yourself. It strips their rights to make major financial decisions. In most cases, making a power of attorney will mean an end to the problems that can arise in these situations. As someone living with a significant other with bipolar disorder, not only is it a challenge for the individual, but also for their family, friends and caregivers. When someone is living with severe mental illness, the process of obtaining guardianship can be particularly complex. By Martha C. Brown, CELA. Louisiana Power of Attorney Forms. Bipolar is covered by the Equality Act ... For many people, the solution is to make a power of attorney - a way of giving someone the legal power to manage their finances. The other one is generous and caring, but would just not be suitable to handle someone else's affairs -- needs help with her own. Her health is very precarious and she's often hospitalized so I have to take care of everything for her and the POA allows me to do that much more easily. Determine the Type of Power of Attorney Needed. If a friend or family member is incarcerated, a financial power of attorney would give you authority to manage his money and a parental power of attorney would allow you to make decisions about his children on his behalf. A Power of Attorney can be revoked at any time for any reason. 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