Island knowledge, national expertise

LPA - Bank Practice

A lasting power of attorney (LPA) is a document that may be used so that the finances or other issues of a person who cannot deal with them themselves may be attended to by a trusted third party – normally a solicitor or a family member.

When an LPA is presented to a bank or other financial institution, it appears to have become normal practice that it must be certified and dated by a solicitor or notary on each page of the document.

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The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.