Power of Attorney – and why you may want one
Our latest money guide explains how you can go about setting one up
There may come a time when you no longer want or are able to make financial or other decisions for yourself. A Power of Attorney (POA) enables you to give one or more trusted friends or family members the legal authority to make decisions on your behalf. The POA lists all the specific powers you wish these people (your attorneys) to have.
A POA is not just for older and wealthier people – anyone can benefit from having one. Imagine a situation where your health failed suddenly or you had a serious accident and were unable to make decisions.
Having a POA in place would help your relatives immensely at a difficult time.
Our latest money guide looks at why you may want to set up a POA and how the process works, both in England & Wales as well in Scotland.
Please feel free to read or download it by clicking on the link below.
If you would like to discuss any matters relating to this important decision, please do not hesitate to get in touch.
Power of Attorney guide