A Powerful Decision to Hand Over Cash Control ; Moneymail If You or a Relative Become Too Sick to Look After Your Financial Affairs, You Can Make Life a Lot Simpler by Having a Power of Attorney Set Up. Here Rosanna Spero Explains How This Can Be Done.Qa

Daily MailMarch 16, 2005

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Summary


Q What is a Power of Attorney?

A It's a legal document whereby one person (the donor, or granter in Scotland) gives another person the power to act on their behalf on property and financial affairs. It basically allows them to sign forms on their behalf.

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A Powerful Decision to Hand Over Cash Control ; Moneymail If You or a Relative Become Too Sick to Look After Your Financial Affairs, You Can Make Life a Lot Simpler by Having a Power of Attorney Set Up. Here Rosanna Spero Explains How This Can Be Done.Qa

Q Are there different sorts?

A Yes. In England and Wales, the two most common are Ordinary Power of Attorney and Enduring Power of Attorney.

An Ordinary Power of Attorney...

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