We recommend all our clients put in place a Lasting Power of Attorney, you can read the reasons why on our previous blog post here
For every LPA there will be at least two Attorneys tasked with the job of administering to the affairs of the Donor. Often it will be your children, or you may be in the role for your own parents.
Our team here have regular training on how to spot and safeguard vulnerable clients and are very cautious when it comes to dealing with clients and their Attorneys. According to the Office of the Public Guardian, the number of investigations into the use of Power of Attorney has increased by 45% in 12 months. However although there are instances of unscrupulous behaviour, the main problem is a lack of understanding of what the remit, duties and constraints of an Attorney are.
This comprehensive guide from Royal London is an invaluable resource if you are thinking of becoming or are already an Attorney.
Download the PDF here.