General Power of Attorney
Give one or more people the power to completely manage your finances and property with a general power of attorney.
What is a general power of attorney?
A general power of attorney is a legal document that gives one or more people of your choosing the power/ authority to completely manage your finances and property.
What does it cover?
It covers, amongst other things, your details, the details of the party you are giving the power to and other formalities as governed by section 10 of the Power of Attorney Act 1971. It provides complete power for one or more parties to control your finances and property in there entirety, including sales and management.
When should I use one?
You need one if you want to appoint someone to handle your documents or financial affairs in the event that you are absent or away from home or in any other specific situation when you need someone to act on your behalf. This could include executing documents when you are away or when you want to entrust a family member to manage your business whilst you are on holidays.
Whilst we can draft your general power of attorney, you will be required to register it. In England & Wales you can register it with the Office of the Public Guardian. To register yours or find out more information, visit there website here.