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Lasting Power of Attorney
From 1st October the single Enduring Power of Attorney has been replaced by two longer and more complex Lasting Powers of Attorney (LPA), one to deal with Personal and Welfare issues, and another to deal with Property and Financial Affairs.
An LPA must contain a certificate that the person granting the LPA understands its purpose and the scope of the authority they are giving to the attorney. Only certain designated people can make this certificate and they must have known the individual creating the LPA for at least two years, and cannot be a relative or carer of the donor. All this red tape will make it far more difficult for an LPA to be obtained.
The changes being introduced from 1st October has made it a longer and more complex legal process.
For more information and advice regarding Lasting Power of attorney please contact us today on 0800 012 15 15.