Understanding powers of attorney

As the number of Britons living longer continues to rise, providing financial advice to the elderly has never been more important. Yet, as the number of centenarians increases and more people become dependent on others for financial decisions, confusion remains rife around the issue of ‘Power of Attorney’. While some pensioners are able to retain full intellectual capability well into old age, the latest research reveals a dramatic upward trend in the numbers likely to need assistance in the form of an attorney, meaning the importance of understanding Power of Attorney is likely to grow ...