Can an Enduring Power of Attorney (financial) be changed?
There are different reasons why the donor might want to change or cancel a power of attorney. These may include: • the donor’s relationship with the attorney has changed. • the donor now know someone who would be more suitable for the role. • the donor or the attorney may have moved. • the donor’s financial circumstances have changed so much that the attorney is no longer suited to make decisions on their behalf, such as the donor’s financial situation has become more complex, and the attorney is no longer appropriate for the role. • the donor’s wishes have changed and they want to change their attorney’s instructions. Depending on what the donor’s new wishes are, this could mean appointing a different person or the same person again with different responsibilities If the donor chooses to change their attorney, they have the option to revoke all previous enduring powers when they complete a new form. The donor must have the capacity to understand the nature and effect of cancelling the
