Power of attorney rule change branded failure

Julie Hutchinson, estate planning specialist at Standard Life, says the changes were too complicated and can "in no way be presented as successful”. In October last year, the enduring power of attorney (EPA) was replaced by what has been called a lasting power of attorney (LPA). There are two types: a welfare LPA, allowing the attorney to make healthcare and welfare decisions on someone’s behalf, and a property and affairs LPA, which gives the attorney the authority to deal with property and finance. Hutchison says although the change was intended to provide greater safeguards against a...