Lasting Powers Of Attorney
Lasting Powers of Attorney (LPA) came into operation on 1st
October 2007, superceding Enduring Powers of Attorney (EPA)
although EPAs signed prior to that date remain legally valid.
There are a number of significant differences between EPAs and
LPAs as follows:
There are two types of LPA, one for property and financial
affairs and one for personal health and welfare. It is possible to
sign either or both of these depending on what sort of authority
you wish to give others in respect of your concerns.
An EPA came into operation as soon as it was signed (unless a
condition were inserted in the document to say otherwise). It had
to be registered with the Court of Protection only if the person
who granted the Power subsequently lost their mental
capacity.
An LPA has to be registered with the Court before it can be used
at all, whether or not the person who has granted the Power is
mentally capable.
An EPA was a relatively simple document just four pages long
whereas an LPA is twenty four pages long, contains many traps for
the unwary in terms of its completion and requires a Certificate to
be provided by a responsible person to confirm that the person
granting the Power is both able and willing to do so.
After two years of teething problems with these forms, the good
news is that the Office of the Public Guardian has now listened to
representations from Solicitors for the Elderly, the Society of
Trust & Estate Practitioners and the Probate Section of The Law
Society (of all of which Goodman Derrick partners are members) and
more user-friendly forms are to be issued in time for the second
birthday of the...
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