When a person makes a Power of Attorney (POA), they appoint someone else to act on their behalf. The person making the power of attorney is called a donor and the person appointed to act on their behalf is called an attorney.
If a person wants someone to look after their affairs for a long period of time, they can make a lasting power of attorney (LPA). There are two types of LPA: property and financial affairs LPA and health and welfare LPA.
If someone has made you their attorney for their property and financial affairs, you are responsible for making decisions that meet your legal duty of care obligations.
If you are unsure about the process or perhaps your obligations if you have been or may be appointed an attorney, join us for this 20 minute workshop where Independent Financial Adviser, Richard Higgs will talk you through what you need to know.