Time for an Update?

2nd December 2016

How old is your Enduring Powers of Attorney?
Enduring Powers of Attorney (EPAs) are legal documents which can allow other people to look after and deal with your property and financial affairs even if you lose your mental capacity to do so yourself.

If you have an EPA then it will still be valid, but, in 2007 EPAs were replaced with Lasting Powers of Attorney (LPAs) which means that even the youngest EPAs are nearly 10 years old! So, it may be time for you to review your EPA.

Reviewing your EPA includes checking those you appointed as your attorneys are still the people who you would wish to act as your attorneys now and considering whether they are still able to take on this responsibility should the need arise.

In addition to replacing the EPA with the LPA for Property & Financial affairs a new LPA was launched in 2007, the LPA for Health & Welfare. This allows you to appoint attorneys to make decisions in respect of your medical treatment, health care, where you live and even (should you wish it) life sustaining treatment if you cannot speak for yourself.

Whether you have a EPA and need to update to LPA for Property & Financial Affairs, have a suitable EPA and would like a LPA for Health & Welfare or have none of these and think that you should put one or more in place, then call Gilbert Stephens LLP to arrange an appointment to speak to one of our approachable and knowledgeable lawyers to discuss your options.