Are there different types of Enduring Powers of Attorney?
Yes. The two types of EPAs are:
- EPA in relation to personal care and welfare – a donor may authorise their attorney to act in relation to the donor's personal care and welfare such as medical treatment and selection/admission of the donor into residential care or a rest home.
- EPA in relation to property – a donor may authorise their attorney to act in matters concerning the whole or a specified part of the donor's property. Unless restricted, this EPA can be used for any 'property' of the donor, including borrowing, operation of bank accounts, and almost all financial or property decisions the donor could otherwise make personally.