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FSRE 1 · Utility of Powers of Attorney
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Utility of Powers of Attorney

The difference between ordinary, enduring and lasting PoA, the two types of LPA, when an LPA can be used, and who oversees registration.

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Utility of Powers of Attorney

A Power of Attorney (PoA) allows one person to act on another's behalf in legal and financial matters. Critical for financial planning around incapacity.

Question 3

True or false?

A Power of Attorney (PoA) allows one person to act on another's behalf in legal and financial matters

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Ordinary Power of Attorney

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Enduring Power of Attorney (EPA)

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Lasting Power of Attorney (LPA) Replaced EPA from October 2007

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What the exam tests

The difference between ordinary, enduring and lasting PoA, the two types of LPA, when an LPA can be used, and who oversees registration.

Question 8

True or false?

The difference between ordinary, enduring and lasting PoA, the two types of LPA, when an LPA can be used, and who oversees registration

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Additional notes

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Quick recap

Lock in the essentials before moving on.

Question 11

True or false?

What replaced the Enduring Power of Attorney? — Lasting Power of Attorney (LPA)

Question 12

True or false?

What are the two types of LPA? — Property and Financial Affairs; Health and Welfare