ENDURING POWERS OF ATTORNEY
People tend to think that someone else will look after their financial and other matters if they become unable to manage through accident or illness. In point of fact, even a spouse cannot sort out everything, and it may become necessary to ask the Public Trustee to be appointed by the Court to manage matters, for which they will
charge around £580 initially, then £400 + a year for simple case -
plus solicitors fees. The same applies to most businesses.
Since October 2007, no new Enduring Powers of
Attorney can be written, though old ones (if correctly signed before
1st October 2007) remain valid.
Click here
for information on Lasting Powers of Attorney which do the job of
EPAs and rather more.
Click here
to write a Lasting Power of Attorney