None of us know what the future holds, take control while you can.
Power of Attorney (POA)
What is Power of Attorney?
Lasting Powers of Attorney allow you to appoint someone you trust to look after your affairs if you are no longer able to. A Power of Attorney can look after your finances, property and your personal welfare including medical decisions. Without a Power of Attorney the government not your loved ones decides.
The Power of Attorney can come into effect as soon as it is registered with the office of Public Guardians or later, you decide.
“Almost 45,000 Powers of Attorneys are registered in Scotland each year”
– NHS Scotland.
Why do a Power of Attorney?
Many people wrongly believe that their partner, parents or children will be able to make decisions on their behalf if they are unable to, this is not the case. Without a Power of Attorney the following can happen:
The courts may appoint someone to manage your finances.
You and your family may have no access to bank accounts.
Doctors could over-rule your loved ones on decisions you have already made regarding health matters including where you receive treatment and where you live.
Your friends/family may need to go to court to get authority to act on your behalf, this can be lengthy, costly and an upsetting experience.
By setting up a Power of Attorney you are in control of who manages your personal affairs.
Your trusted person can have access to your bank accounts, savings, investments and other financial matters when you need them to. Having a Power of Attorney makes things easier in the future for the people you care about most.
Types of Power of Attorney
Continuing POA
This allows your trusted person to pay bills, deal with banks and investments, arrange and collect benefits or even sell property on your behalf. You decide in advance what powers you want to give them meaning you are still in control.
Welfare POA
This allows your trusted person to make decisions about your health and personal welfare, for example your Attorney can decide where you live should you need to go into care or whether you receive life sustaining treatment.
Combined POA
The majority of Powers of Attorney are combined providing your loved one the ability to make decisions around both your finance and your welfare; however, it is your choice.
Why do a Power of Attorney with McAllisters?
Free consultation in your own home.
Professional advice from a qualified professional (ISPW registered).
Clear transparent and honest guidance.
Option to use our solicitor for your certificate of capacity or your own doctor.
Option for Continuing P.O.A, Welfare P.O.A or both at one price.
Fixed price.
14 Day cooling off period.
We carry £2 Million of professional indemnity insurance on your Power of Attorney.
Chartered Trading Standards Institute
This firm complies with the ISPW code of practice.
