We are still here for you and Burnetts is fully functioning with most staff working from home. This month we thought it would be helpful to explain a little bit about General Powers of Attorney – which are particularly important at this time.
A General Power of Attorney is a temporary document which allows an appointed person to make decisions about your financial affairs and is valid while you have mental capacity.
You can set them up at short notice and they generally only require your signature and one witness so they can be executed and in action very quickly. They can be limited to specific decisions or made more generally to deal with day-to-day matters.
These documents could be particularly useful if you find yourself having to self-isolate.
Your attorney could use the power to access your bank accounts, deal with transactions such as the sale of property and generally help you manage day-to-day.
Having a General Power of Attorney in place might also give you a little reassurance that someone you know and trust is looking after your affairs. You can cancel them at any time or time-limit them.
Please give us a call on 01228 552222 if you think this might be helpful to you. We can prepare the document at short notice and send it to you in the post for you to sign.