Power of Attorney
By granting a Power of Attorney in favour of a solicitor or a family member you can ensure that your affairs are managed efficiently should the day arrive when, due to mental or physical incapacity, you are no longer able to do things for yourself. The time to grant a Power of Attorney is while you are still fit and able.
Peterkins look after many clients' affairs where we have a Power of Attorney ensuring that their investments are looked after, tax returns made and bills paid. Powers of Attorney may also be used to allow a representative to act for you in your absence, e.g., if you are about to be posted abroad for a long period, or even if you are going on holiday.
The law concerning Powers of Attorney was radically amended by the Adults with Incapacity (Scotland) Act 2000. Powers of Attorney, granted after 2nd April 2001 will only survive the incapability of the granter provided they comply with the requirements of the Act.
