According to the Enduring Powers of Attorney Ordinance (Cap.501 of the Laws of Hong Kong), an enduring power of attorney (EPA) allows its donor (the person who wishes to give their power of attorney to someone), while they are still mentally capable, to appoint an attorney(s) to take care of the donor’s financial matters in the event that they subsequently becomes mentally incapacitated. While a general power of attorney will cease to be effective if one becomes mentally incapacitated, an EPA will “endure” the donor’s mental incapacity and give the attorney the power to continue the donor’s financial affairs despite such incapacity.
Please note: Please consult a solicitor before signing an enduring power of attorney (EPA).