Enduring Power of Attorney : What is an Enduring Power of Attorney?

Enduring Power of Attorney (持久授權書): What is it and why it's needed?

How much it costs to prepare a valid Enduring Power of Attorney 持久授權書 (EPA)? 
Cost on EPA is high comparing with other common legal document like a Will or a General Power of Attorney. It will cost you more than $10,000 just on legal fee. This will include legal advice and attendance of execution by the appointed lawyer and a medical practitioner. However, an EPA is a one-time document. Unless you change your mind and want to appoint another person to act as your Attorney or on other reason, such as the death of the Attorney, an EPA will last for a person's life-time.

Sickness and aging
A will operates on a person's death. However, human being face sickness and aging. For instance, dementia can result in loss of ability to judge or decide one's affairs.To plan ahead for the financial, psychological and legal impact of dementia or other forms of mental incapacity, one may think about using an enduring power of attorney (shortly known as "EPA").

An EPA takes care the Donor's financial matters
The Enduring Powers of Attorney Ordinance (Cap.501 of the Laws of Hong Kong) permits a person's making of an EPA with legal effect surpassing a General Power of Attorney. An EPA allows its donor (the person giving his/her power of attorney to someone), while he/she is still mentally capable, to appoint an attorney to take care of the donor’s financial matters in the event that he/she subsequently becomes mentally incapacitated.

A General Power of Attorney will cease to be effective automatically if one become mentally incapacitated. An EPA will, however, “endure” the donor’s mental incapacity and give the attorney of the power to continue the donor’s financial affairs despite the incapacity.

The laws on enduring powers of attorney are contained largely in the Enduring Powers of Attorney Ordinance.

Because creating an Enduring Power of Attorney has a serious implications upon its maker (donor), it requires the witnessing of a practising solicitor and a registered medical doctor. As it is a legal document with serious meaning, a person desiring to make an EPA must consult a practising solicitor experienced in this area of legal practice.

Consult our experienced lawyer Connie Cheng on Enduring Power of Attorney. For more information on Enduring Power of Attorney, visit www.hkwills.com (About Enduring Power of Attorney in Hong Kong).

Download a free EPA Form 
Online Enquiry Form
Share by: