Power of Attorney are legal documents with which you give someone power to look after your finances and/or your health and welfare. There are two main types. Permanent powers of attorney can only be used if you lose mental capacity to make decisions for yourself and general or ordinary powers of attorney where you give someone power to manage your finances in specific circumstances. If you only want someone to be able to use your bank account, you can ask your bank to set up a third-party mandate.
FIND OUT MORE
