Figure 30 – Principals’ actions before completing the FEPOA forms
Q34
56%
Discussed your wishes with your prospective appointed decision-maker(s)
Worked out what was important for your future
50%
Put instructions and conditions in writing
48%
46%
Checked that each prospective appointed decision-maker was aware of their responsibilities
Communicated that it was a prospective appointed decision-maker’s choice to accept the role
42%
Explained to other family members or friends why you chose your appointed decision-maker(s)
42%
29%
Discussed your choice of prospective appointed decision-maker(s) with a trusted third party
Didn’t do any of these
8%
Q.34. Before completing the FEPOA forms, which of the following did you do, if any? Please select all that apply.
Base: All principals n=537
The data revealed one in two principals had created an FEPOA within the last five years (51%) and the same
portion had reviewed their FEPOA in the last five years (50%). However, one in five (21%) had never reviewed
their FEPOA after setting it up.
Q24
Figure 31 – Last time principals reviewed their FEPOA
Within the last two years
32%
2-4 years ago
18%
5-10 years ago
Over 10 years ago
15%
H a d re v i e w e d a
FEPOA i t i n th e l ast 5
years
7%
Never
Not sure
50%
21%
7%
Q.24. When was the last time you reviewed that FEPOA?
Base: All principals n=537
After creating their FEPOA, one in two principals (52%) gave a copy to their appointed decision-maker(s), one
in two (48%) gave a copy to their solicitor, and one in three (38%) told someone they trusted that they had
created an FEPOA.
42
Empowering futures: A national survey on the understanding and use of financial enduring powers of attorney