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Private Client Law

17 JUN 2016

Guidance: powers of attorney for banking

Jonathan Cailes

Major Works Manager

@JPFamilyLaw

Guidance: powers of attorney for banking
The Law Society has issued updated guidance for solicitors who have been appointed as an attorney under an ordinary power of attorney (OPA), enduring power of attorney (EPA) or a lasting power of attorney (LPA) and are authorised to manage a donor's financial affairs.

Attorneys are increasingly having difficulties with banking institutions accepting power of attorney documents as evidence of an attorney's authority to act on behalf of a donor. The updated Practice Note provides information about the different powers of attorney that can be used when dealing with a bank.

Click here to read the updated Practice Note.

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