The introduction of Lasting Powers of Attorney (LPAs), which were due to be implemented on 1 April, has been postponed until next autumn, presumably so that further changes can be made. A summary of the position in early 2007 can be found in our articles library.
For many clients, there will be significant advantages to using the current Enduring Power of Attorney rather than an LPA, so the granting of a further window of opportunity before LPAs come in and EPAs stop being available should not be ignored.
Powers of attorney are not just for the old or infirm. They can be a very valuable tool for any family in which a family member becomes unable to deal with their own affairs through sickness, infirmity, age or accident. Regrettably, these unpleasant eventualities are far more common than one might suppose.
Contact us for advice or information concerning powers of attorney.