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ARTICLE · 10 MAY 2022

Lasting Powers Of Attorney In Guernsey

Carey Olsen
Carey Olsen
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Carey Olsen

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The States of Guernsey have introduced both The Capacity (Bailiwick of Guernsey) Law, 2020 (the "Law") and The Capacity (Lasting Powers of Attorney) (Bailiwick of Guernsey) Ordinance...

GuernseyFinance and Banking
Carey Olsen
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The States of Guernsey have introduced both The Capacity (Bailiwick of Guernsey) Law, 2020 (the "Law") and The Capacity (Lasting Powers of Attorney) (Bailiwick of Guernsey) Ordinance, 2022 (the "Ordinance"). The Ordinance comes into effect on 1 April 2022 and will permit persons living in Guernsey to create lasting powers of attorney (an "LPA").

The Law and Ordinance must be read together, and introduce two forms of LPA: one for financial affairs (a "Financial LPA"), and one for health and welfare (a "Welfare LPA"). A principal may appoint one or more attorneys to act jointly or severally (or jointly in respect of some issues and severally in respect of others) for each type of LPA

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