Enduring Power of Attorney - UK
Everybody who makes a Will in the UK should also make an Enduring Power of Attorney.
Click HERE to make an Enduring Power of Attorney UK in Minutes
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Important Note: ONLY A FEW DAYS LEFT TO MAKE AN ENDURING POWER OF ATTORNEY!
The cut-off to make an EPA is the 1st October 2007. From October you will no longer be able to make an EPA and will have to make a Lasting Power of Attorney. It is widely considered that an EPA is a far better option for most people. All EPAs completed before October will continue to be valid.
You can make an Enduring Power of Attorney Online in Minutes for £27.95 - the new Lasting Power of Attorney could cost up to £1,000 |
If Illness strikes, who will cope?
If you care enough about what happens to your assets after you die, you ought to care even more about keeping them safe whilst you are alive. Make an Enduring Power of Attorney NOW!
An Enduring Power of Attorney (EPA) is a document that you sign to appoint somebody to act for you should you become mentally incapable of managing your own financial affairs. (You can also specify it to start if for any reason you become incapable of managing your own affairs).
While a Will ensures that your estate is distributed according to your wishes when you die, an Enduring Power of Attorney protects your assets by authorising somebody chosen by you to deal with your affairs on your behalf (should you become unable to manage them yourself) whilst you are alive.
If you do not have an Enduring Power of Attorney, then if for any reason you suddenly become unable to manage your own affairs, e.g.
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You suffer an accident and are confined to bed or hospital
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You suffer a more serious accident which permanently incapacitates you
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You become mentally incapacitated as a result of old age or for some other reason
… then the only way that your financial affairs can be managed is by an application (by a relative or other person close to you) to the Court of Protection. This can take up to 10 months and cost up to £1,000 to process - during which time your finances could be seriously damaged - and the person authorised to handle your affairs on your behalf is not only unlikely to be who you would have chosen, but may even be a Court Official - who can (and will) charge every time he/she acts for you.
If you have an Enduring Power of Attorney your chosen representatives can act for you straight away if you become unable to handle your own affairs, and within a few weeks if you become mentally incapacitated.
Note: You must be mentally capable to make an EPA in the UK.
You can Make a fully legal Enduring Power of Attorney HERE for just £27.95
The information regarding Enduring Power of Attorney on this site is relevant only to citizens and residents of the United Kingdom.
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