Government launches new online tool to reduce Lasting Power of Attorney delays
We are regularly approached by attorneys who are experiencing problems with trying to lodge Lasting Powers of Attorneys with the bank or other financial organisations. Attorneys are often very frustrated at what they perceive to be as obstacles being put in the way of acting for their loved ones and these frustrations have only been compounded by the current restrictions caused by Covid-19.
It can also be quite time consuming for solicitors to make the necessary checks and then prepare and send out certified copies of the Lasting Powers of Attorney to the donor or attorneys.
It is therefore good news to see that the Office of the Public Guardian has launched a new digital portal for Lasting Power of Attorney. The portal allows attorneys to contact professional organisations such as banks, helping to reduce the delays currently experienced with the paper-based process which can take several weeks to achieve the same outcome.
Guidance issued by The Office of the Public indicates that Attorneys of newly registered LPAs from 17 July 2020 will be provided with a secure activation code which they can submit to the online portal to almost instantaneously confirm their authority to act. It is understood that the intention is to apply the same service to current registered Lasting Powers of Attorney in due course.
It is reassuring to see that online tool will maintain existing checks which aim to protect the vulnerable and elderly from abuse of a Lasting Power of Attorney.
For more information about how our dedicated Private Client Team can help you with your Enduring Power of Attorney or Lasting Power of Attorney or for an informal chat about how we can help then contact Ellie Taylor, e. firstname.lastname@example.org t. 01273 766956