POWERS OF ATTORNEY
Enduring Powers of Attorney
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Enduring Powers of Attorney FAQs
What is an Enduring Power of Attorney?
Rather like an LPA for property and finances, an Enduring Power of Attorney (EPA) is a document appointing an ‘attorney’ giving them authority to manage the property and financial affairs of the person who created the EPA (the ‘donor’). EPAs do not cater for health/welfare.
In the case of an EPA, if the donor becomes unable to make decisions relating to their finances/property, the EPA must be registered at: https://www.gov.uk/enduring-power-attorney-duties/register-an-enduring-power-of-attorney before it can be used (or, if the EPA is already in use, it must be registered after the donor becomes mentally incapable, before it can continue to be used).
Are EPAs still valid?
Yes. Whether it is registered or unregistered, if the EPA was made before October 2007, an EPA is still valid to use.
Do I need to register an EPA?
An attorney must register an EPA if the donor loses capacity.
SHAREThe world is a lot smaller than it once was, thanks primarily to rapid technological advances – for one, communication is now lightning quick. In this more international society, many individuals are now more likely to have some form of asset in...
SHAREBe in control of what happens to you. Want to create a Lasting Power of Attorney? Contact our Private Client team today to arrange a no charge consultation 01284 767766.An LPA is a legal document that lets you (the ‘donor’) appoint one or more...
SHAREMitigating disruption and crisis management We’d recommend always having a contingency plan in place especially when considering business assets. Should you ever be in a situation where you can’t make important decisions who have you appointed...