Rip-Off Britain, the BBC consumer protection programme, suggested a Power of Attorney as a solution to one viewer’s problems this week.
Rip-Off Britain, the BBC consumer protection programme, suggested a Power of Attorney as a solution to one viewer’s problems this week. The viewer’s elderly father seemed to be overcharged by his bank, possibly for an unsuitable account product. The viewer wanted to help her father sort this out, but had no right to discuss her father’s affairs with the bank. The advisor recommended asking her father to give her a Power of Attorney. A Lasting Power of Attorney (LPA) is a legal document that enables someone with the requisite level of understanding (the Donor) to choose another person, or several, (the Attorney or Attorneys) to make decisions, or sign paperwork, on their behalf. It does not take away the rights of the Donor to continue dealing with their own affairs, but simply enables the Attorney to help the Donor when requested. The Attorney can only act without the Donor’s request if the Donor has subsequently lost their mental capacity and the LPA has been registered with the Office of Public Guardians. Provided the Donor (in this case, the father) chooses his Attorney carefully, and considers all the options, an LPA is a wonderful aid for the elderly and a useful insurance for anyone who can see it could be useful in the future but doesn’t want to risk leaving it too late. To download the Lasting Powers of Attorney Guidance document please click here To download the Guide to Acting as a Health and Welfare Attorney document please click here To download the Guide to Acting as a Property and Financial Affairs Attorney document please click here