Tuesday, 28 August 2007

Deadline Looming - the End of Enduring Powers of Attorney

Just to remind you that Enduring Power of Attorneys are to be replaced with Lasting Powers of Attorney. See here

An Enduring Power of Attorney (EPA) is a legal document which i think of an a sort of insurance policy. I say now, who i want to deal with my financial affairs if in the future i can't deal with them personally.

From 1st October EPA's can no longer be made. However, EPA's in place at 1st October will be operative.
LPA's are more expensive and lengthier.

At the moment an EPA may cost around £110 + VAT for single, £200 + VAT for double.
For an LPA estimates from lawyers vary - the figures i've heard are between £700 + VAT + £1500 + VAT

Anne Elliott, Partner at Latimer Hinks explains why you should arrange a Power of Attorney asap.
Click here
Act now - you could save alot of money and provide yourself with peace of mind.

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