Estate Planning and the Enduring Power of Attorney - Changes Imminent

Estate Planning and the Enduring Power of Attorney - Changes Imminent
By: Ray Prince

You may or may not know what an Enduring Power Of Attorney is (or is designed to do), but it is being replaced very soon by a revised version known as a Lasting Power Of Attorney, and the consensus between the solicitors we have talked to agree that the old system may well be better, simpler and cheaper all round.

So, what is an Enduring Power Of Attorney?

Where up to date wills give you the reassurance of knowing that your affairs will be taken care of after your death, it is also sensible to set up an arrangement to look after your affairs if you become incapable of doing so during your lifetime(s). This is known as an

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About the Author: Ray Prince. Ray Prince is an Independent Financial Planner with Rutherford Wilkinson plc, and helps UK Resident Doctors and Dentists get the best deals on mortgages, protection and investments, as well as helping them achieve their financial objectives. Click here for Financial Advice for UK Doctors and Dentists and to get your free retirement guide, How To Avoid The 7 Most Common Retirement Planning Mistakes. Rutherford Wilkinson plc is authorised and regulated by the Financial Services Authority.