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Your Guide To Different Sorts Of Powers Of Attorney

A power of attorney is a legal process which enables a donor (the person giving the power) to appoint one or more persons (the attorneys) to act on their behalf when dealing with personal finances and property. If you are appointing someone to act as your attorney, it should be someone you know well and trust because they are going to have complete control over your financial affairs and or property. Lasting Powers and Enduring Powers of Attorney Lasting Powers of Attorney [ often referred to as an LPA] replaced Enduring Powers of Attorney [or EPA] as of 1st October 2007. Existing EPAs remain valid, but it is no longer possible to make a new one. Lasting Powers of Attorney come in two forms –…

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