5 Things you need to know about Power of Attorney

A power of attorney or letter of attorney is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter.

  1. ONE in every THREE people don’t understand how the power of attorney legal document works – are YOU one of these? If you don’t understand what it is – how do you know you don’t need one?
  2. Did you know you still NEED a power of attorney document even if you are married? Your spouse is unable to access your finances or make health decisions unless you approve it
  3. Did you know there are TWO different types of power of attorney documents – one for HEALTH and one for FINANCES
  4. Did you know you can’t set up power of attorney once you lose capacity? Instead, members of their family will have to apply to the Court of Protection to be appointed as their deputies
  5. It can take up to FIVE months to register a power of attorney – don’t leave it until you NEED it, start the ball rolling today

If you would like to keep up with our latest posts and advice about estate planning through the regular advice that we provide to our clients in this regard, then please also feel free to –

Follow us on
Twitter at ADouglasWills
Facebook at AndrewDouglasWills
Instagram at adouglaswills