Enduring Power of Attorney for Property and Financial Affairs (Northern Ireland)

£150.00

In Northern Ireland, an Enduring Power of Attorney (EPA) is a legal document that allows you to appoint someone you trust to make decisions about your finances and property, should you become unable to do so yourself. This type of Power of Attorney is particularly useful for individuals who may be worried about future incapacity due to illness or injury.

Description

In Northern Ireland, a Property and Financial Affairs Enduring Power of Attorney (EPA) is a legal document that allows you to appoint someone you trust to manage your finances and property, should you become unable to do so yourself. This type of Power of Attorney is particularly useful for individuals who may be worried about future incapacity due to illness or injury.

An EPA is a long-lasting Power of Attorney, which means it can continue even if you lose the mental capacity to make decisions for yourself. This allows you to plan for the future and ensure that your financial affairs are managed by someone you trust.

A Property and Financial Affairs EPA allows your attorney to make decisions about your financial affairs, such as managing bank accounts, paying bills, and buying and selling property. It can be used to manage your affairs immediately or only when you become mentally incapable of doing so yourself.

To create a Property and Financial Affairs EPA in Northern Ireland, you must have the mental capacity to understand what you are doing and what the EPA means. You will also need to choose someone you trust to be your attorney and notify them of their appointment. You must also register the EPA with the Office of Care and Protection, which ensures that it is valid and legally binding.