Enduring Power of Attorney

Key advantages of an EPA

The Law Reform Commission of Hong Kong published a Report on Enduring Powers of Attorney in 2008 and identified the key advantages of an EPA:

  • it allows an individual to choose the person or persons who will look after the individual’s affairs if he/she becomes incapable of doing so;
  • it avoids expensive and potentially distressing court proceedings for the appointment of a trustee to look after the individual’s affairs;
  • it provides an efficient and cost-effective way of administering the individual’s property; and
  • it eases the difficulties and distress that may otherwise be suffered by the donor’s family in managing the donor’s affairs.