Powers Of Attorney

Nobody can see into the future and sadly family balances can change very quickly with news of bad health, especially so with older members of the family. Powers of Attorney exist to offer families and individuals peace of mind.

What is a Power of Attorney?

A Power of Attorney is a legal document which authorises another person (or persons) to act on behalf of an individual with regard to his or her property and financial affairs.

The most common types of Power of Attorney are:

Ordinary Power of Attorney

A power of attorney can cover a specific event. For instance, you may wish to authorise another person to sign a contract and transfer deeds to sell your house. Alternatively you may be moving abroad for a period of time and as such require an attorney to look after your financial and legal affairs in this country whilst you are away. This is known as a general power of attorney.

Lasting Power of Attorney

If you lose mental capacity, you will need someone else to manage your legal and financial affairs. We advise that everyone, especially those approaching old age, should consider making a Lasting Power of Attorney. If you do not have a Lasting Power of Attorney and you lose mental capacity, it can be a time consuming and expensive process for your relatives to gain authority to act on your behalf.

Contact Us

If you would like further information or if you would like a quotation from a solicitor please contact:

Roy Young: Email Roy
James Phipps: Email James