Enduring Power of Attorney

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24 Sep 2005
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Seeing that we are at the Notters Ball ....

...There is a fundamental change on the way in the way powers of attorney are created and the powers that they can give attorneys. The change stems from the recent Mental Health Act (MCA). If you are concerned that you or one of your relatives may not be able to manage their own affairs, we advise you to familiarise yourself with the new rules, which were originally intended to come into effect in April 2007. It was announced in December 2006 that the implementation date was to be deferred until October 2007. For many people, a current Enduring Power of Attorney (EPA) will be more suitable than the incoming Lasting Power of Attorney (LPA). The EPA will not be available after next April...

Unconfirmed, but a little bird whispered that the new, - wallets upside down time - Lasting Power of Attorney document could be 28 pages, costing £200-£300 per person plus another registration fee of £150 per document... figures are unconfirmed.

Currently setting up a 3 page EPA costs (allegedly) around £50 ... Doesn't always require a lawyer.

It may well be worth boning up on this... That unexpected bonk on the noggin or stroke - they do happen - could cause more expense problems than one's dependants would desire under such circumstances.

See Here.. Forget the aged part if you must, but brain damage is not uncommon in accidents.

:(
 
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