We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Do it yourself power of attorney
                
                    David_Aston                
                
                    Posts: 1,160 Forumite
         
            
                         
            
                        
            
         
                    Hello All
I have started filling in the forms on the YouGov site to obtain the above. Instant snag!
Has anyone organised this recently?
We decided in the first place for each other to have poa in the event of one of us going dotty. And then for our eldest son to have it, should the surviving parent also go dotty.
I understand that separate applications are required for financial, and health issues, so that seems to be four poa's, to cover both of us. Involving our son possibly requires eight! Surely not right?
Or, we can only do them for each other, and the surviving parent has to then, make our son the attorney.
I would be grateful if anyone has successfully organised exactly this set of circumstances, and can offer any tips.
Thank you
                I have started filling in the forms on the YouGov site to obtain the above. Instant snag!
Has anyone organised this recently?
We decided in the first place for each other to have poa in the event of one of us going dotty. And then for our eldest son to have it, should the surviving parent also go dotty.
I understand that separate applications are required for financial, and health issues, so that seems to be four poa's, to cover both of us. Involving our son possibly requires eight! Surely not right?
Or, we can only do them for each other, and the surviving parent has to then, make our son the attorney.
I would be grateful if anyone has successfully organised exactly this set of circumstances, and can offer any tips.
Thank you
0        
            Comments
- 
            the LPA forms have a section for Replacement Attorneys, use that ?Ex forum ambassador
Long term forum member0 - 
            You can't have two LPAs for finance or health, only the last one registered is valid.
All you need to do is either appoint each other as executors with your son as the back up attorney. Alternatively, as we have done, appoint each other and your son to act as executors able to act jointly and severally which I think is the most flexible way of doing things.0 - 
            You need a maximum of six LPAs in your circumstances. One for Health & Welfare for you, one for Finance for you, One for Health & Welfare for your wife, one for Finance for your wife, One for Health & Welfare for your eldest son & one for Finance for him.
You and your wife would name each other as your attorneies and name your son as a replacement attorney. The other alternative is to name your spouse and son as attorneys and allow them to act jointly and severally if you want your son to be able to assist with your affairs even while your wife is able to do some things for you.The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.0 - 
            We have just done the same scenario but with our daughter.
Did it all online two each one for health and one for wealth, did it so that hubby and daughter were poa (could act on own) for me and me and daughter poa for hubby again each can act on their own. So either poa's can act if and when they may need to.
Sent the forms off in September and just received the formal documents back last week. Must say I am very impressed with the service.0 - 
            Thanks for your input guys!!!
keep pedalling, are you by any chance thinking of a Will, rather than POA?
Since I first got myself in a tizz, and posted, RADDERS, my sensible Missus came up with your solution, which we will put into practice!
Thank you all again.0 
This discussion has been closed.
            Confirm your email address to Create Threads and Reply
Categories
- All Categories
 - 352.3K Banking & Borrowing
 - 253.6K Reduce Debt & Boost Income
 - 454.3K Spending & Discounts
 - 245.3K Work, Benefits & Business
 - 601K Mortgages, Homes & Bills
 - 177.5K Life & Family
 - 259.1K Travel & Transport
 - 1.5M Hobbies & Leisure
 - 16K Discuss & Feedback
 - 37.7K Read-Only Boards
 

         
         