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  • FIRST POST
    • barrydh
    • By barrydh 12th Apr 18, 5:30 PM
    • 26Posts
    • 5Thanks
    barrydh
    power of attorney, should I?
    • #1
    • 12th Apr 18, 5:30 PM
    power of attorney, should I? 12th Apr 18 at 5:30 PM
    im in a difficult situation. My dad is 86 and is reasonably wealthy. It has become apparent quite a substantial amount of money in his account is being spent by a family member and her 2 adult kids
    ( cars, holidays etc) Should i get Power of Attorney to safeguard my dads money? If i did would i be entitled to see bank statements and take my dads credit card from them?

    thanks
Page 1
    • Sea Shell
    • By Sea Shell 12th Apr 18, 5:35 PM
    • 939 Posts
    • 1,490 Thanks
    Sea Shell
    • #2
    • 12th Apr 18, 5:35 PM
    • #2
    • 12th Apr 18, 5:35 PM
    You can't initiate a POA, it has to be your father's decision to make one. Assuming he still has capacity. If not you'll have to apply to the court of protection.
    Last edited by Sea Shell; 12-04-2018 at 5:37 PM.
    " That pound I saved yesterday, is a pound I don't have to earn tomorrow "
    • TBagpuss
    • By TBagpuss 12th Apr 18, 9:51 PM
    • 6,791 Posts
    • 8,889 Thanks
    TBagpuss
    • #3
    • 12th Apr 18, 9:51 PM
    • #3
    • 12th Apr 18, 9:51 PM
    Has your dad given them permission to use his card?

    If not, he (not you) can cancel the card and if neccessary, report the theft.
    If he has, then unless he has lost capacity, it is his choice.

    If you are worried, talk to him. If he wants to, he could give you power of attorney, which would allow you to access his bank statements. However, unless he has lost capacity (in which case he is no longer able to grant a POA) he could still give the card to the other family member and give them permission to use it.
    • Pollycat
    • By Pollycat 13th Apr 18, 8:07 AM
    • 20,684 Posts
    • 55,597 Thanks
    Pollycat
    • #4
    • 13th Apr 18, 8:07 AM
    • #4
    • 13th Apr 18, 8:07 AM
    How do you know that your Father hasn't given this family member the money rather than them taking it?

    How has this family member got hold of your Father's bank details?

    As for your question:
    power of attorney, should I?
    as has already pointed out, it's not a case of what you should do, it's what your Father wants to do.
    Last edited by Pollycat; 13-04-2018 at 8:09 AM.
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