A power of attorney (PoA) is a written document giving someone else authority to take actions or make decisions on your behalf. This could be to deal with your financial affairs and / or welfare matters. It could be used in the future if you become incapable.
The PoA details the names of the people, known as attorneys, who you want to help you, and lists the individual powers that you want them to have. The PoA will also state when your attorneys can begin acting.
Anyone over the age of 16 can make a PoA, but there are restrictions if you have been made bankrupt.
You can appoint anyone you want, over the age of 16. This could be a family member or a friend, a solicitor or accountant, or a combination. It’s usually a good idea to have more than one attorney or maybe what is called a substitute attorney to step in if your attorney can no longer do things for you.
You can appoint someone to deal with your financial matters and someone different to deal with your personal welfare.
It is good practice to discuss with the person you want to be your attorney what being an attorney actually involves. It will be helpful if you keep a note of the matters discussed and give your prospective attorney a copy too. Although, it’s your choice who to appoint, you cannot appoint someone who is currently declared as bankrupt to deal with your financial and property affairs.
Any local solicitor should be able to assist you to draft a PoA and provide legal advice on the matter. Alternatively, some companies and stationery shops sell PoA packs. Useful information is also available from our website.
For more information go to: http://www.publicguardian-scotland.gov.uk/power-of-attorney
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