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Explaining Power of Attorney to elderly parent
Mayday
Posts: 614 Forumite
Can anyone point me to a VERY basic explanation of Power of Attorney - both Finance & Health. - to give to my elderly father aged 90 to read.
My brother & I already handle his affairs under his direction [there's nothing wrong with his mind] , but he's crippled with arthritis and finding it very difficult to sign the occaisonal cheque and other paperwork. Also considering his age, I would be happier with something in place regarding what do do if, e.g. he has a stroke.
I would like to formalise the current arrangement and have things in hand should his condition deterioate. He lives alone in rented accomodation opposite me, so no property is involved, just his savings.
My brother & I already handle his affairs under his direction [there's nothing wrong with his mind] , but he's crippled with arthritis and finding it very difficult to sign the occaisonal cheque and other paperwork. Also considering his age, I would be happier with something in place regarding what do do if, e.g. he has a stroke.
I would like to formalise the current arrangement and have things in hand should his condition deterioate. He lives alone in rented accomodation opposite me, so no property is involved, just his savings.
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Comments
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How about an hour with a solicitor and have him/her explain the benefits and constraints?
They will also have literature as well.:hello:0 -
I think the Gov UK one is quite straight forwardly written - you could copy and paste and delete anything that is not relevant.
https://www.gov.uk/power-of-attorney/overview0 -
pmlindyloo wrote: »I think the Gov UK one is quite straight forwardly written - you could copy and paste and delete anything that is not relevant.
https://www.gov.uk/power-of-attorney/overview
Thanks - just what I was looking for - although a lot of reading for me!0 -
:heartpuls Daughter born January 2012 :heartpuls Son born February 2014 :heartpuls
Slimming World ~ trying to get back on the wagon...0 -
Thanks again - have got him to seriously think about it now since 1st post !0
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