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Enduring Powers of Attorney - Act Now
Clients are reminded that on 1 October 2007 Enduring Powers of Attorney (EPAs) will be replaced by Lasting Powers of Attorney (LPAs). After that time, EPAs will no longer be available. However, EPAs already in existence at that time will continue to be valid.
EPAs are relatively simple to operate compared with the new LPAs and the latter are also likely to be more expensive to implement. An EPA will, for many clients, be a better option than an LPA.
Should you wish to have an EPA in place, you will need to arrange this before the EPA is replaced by the LPA.
If you would like to discuss the options available regarding the arrangements you can make to allow your affairs to be managed in the event of your incapacity, contact us now.
EPAs are relatively simple to operate compared with the new LPAs and the latter are also likely to be more expensive to implement. An EPA will, for many clients, be a better option than an LPA.
Should you wish to have an EPA in place, you will need to arrange this before the EPA is replaced by the LPA.
If you would like to discuss the options available regarding the arrangements you can make to allow your affairs to be managed in the event of your incapacity, contact us now.
The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.
