Hi, my sister and I got EPA 'jointly and severally' nearly ten years ago for Mum who has Alzheimer's and now lives in a care home. She is thriving there, physically, and could carry on for a few years yet - and might even outlive my sister and me! What I am now wondering is what would happen if by misfortune we both have severe problems and neither I nor my sister were able to carry out the EPA duties, either through incapacity or death.
I assume EPAs are not 'inherited' by our children (although they are old and competent enough to be able to do it) but should my sister and I try to make some arrangement in our wills? Who would take over the EPA duties and what should we do to facilitate that?
Any ideas?
I assume EPAs are not 'inherited' by our children (although they are old and competent enough to be able to do it) but should my sister and I try to make some arrangement in our wills? Who would take over the EPA duties and what should we do to facilitate that?
Any ideas?