20210312 - Owners Consent · EXE21/0023

PART 1: For the person appointing an attorney

 

IMPORTANT NOTICE

By completing this document, you can give a person of your choice the power to
make decisions on your behalf about:

@  personal/health matters
and/or
financial matters.

These pages explain, in question-and-answer form, what you need to know to
complete the document properly.

Because you are the person principally concerned, you are referred to as ‘the
principal’.

What is enduring power of attorney?

Power of attorney is the legal power to make decisions on someone else's behalf.
‘Enduring’ simply means that the power continues even if the person giving it
loses the capacity to make decisions.

Why give someone enduring power of attorney?

There are some circumstances in which you may be unable to make decisions
about matters that concern you. For example, you may be overseas, or you may
be too ill.

If you give someone a general power of attorney, for instance to sign documents
for you in your absence, that power will come to an immediate end if for some
reason you lose your capacity to make decisions. This could be very awkward if
your attorney is in the process of conducting business affairs for you.

Giving someone enduring power means that he/she is able to continue to act for
you if you lose capacity to act for yourself.

What types of decisions?
You may give your attorney power to make decisions about:

HM personal/health matters;
@ = financial matters.

Examples of personal/health matters are decisions about where and with whom
you live, whether you work or undertake education or training, whether you
apply for a licence or permit, day-to-day issues like diet and dress, and whether
to consent, refuse to consent or withdraw consent to particular types of health
care for you (such as an operation).

An example of a financial matter is deciding how your income should be
invested.