The last day for signing an EPA is 30th September 2007, only 24 days away!The length of the EPA form is 4 pages if you make an EPA with 2 Attorneys. From 1st October if you make a Lasting Power of Attorney (LPA) using a Power and Affairs LPA it is 25 pages long and a Personal Welfare LPA is 24 pages!
So you can see why an LPA is going to be MUCH more expensive than an EPA. Plus with an LPA a registration fee of £150 has to be paid to the court.
So why make an EPA or LPA:
There are 3500 dementia sufferers in Plymouth alone.
This is expected to rise by 43 per cent by 2020 according to recent research.
It costs roughly £25,000 to provide care for each sufferer per year.
Dementia affects one in 20 people over the age of 65 and one in 5 over the age of 80.
The Alzheimer’s Society estimates that there are over 70,000 people in the UK with dementia.
There are over 100 different types of dementia; the most common are Alzheimer’s disease, vascular dementia and dementia with Lewy bodies.
Symptoms include loss of memory, confusion and problems with speech and understanding.
Most forms of dementia cannot be cured. There are some drugs available that appear to alleviate some of the symptoms of Alzheimer’s disease in some people.
Alan Porter of The Will Centre says, “So LPA or EPA? An EPA is much cheaper and easier to do but you only have 24 days left to make one! The last day for making one is a Sunday (30th September)! An LPA is longer, much more complex and will cost a lot more. The simple choice is make an EPA NOW! Call The Will Centre for more details, before it’s TO LATE!”
