Powers of Attorney isn’t something most people like to think about. In many ways it is like preparing a Will, and just as importantly, it is all about providing reassurance. It gives confidence to the person in question that their affairs will be handled by someone they trust if they are unable to handle matters on their own. In simple terms it allows you to choose who looks after your affairs and this can include when you are working abroad, taking a gap year or traveling extensively through work.
At its core arranging a Power of Attorney can help avoid stress and disagreements in the future, while at the same time helping you and your family avoid unnecessary costs.
At Pagan Osborne we recommend arranging Powers of Attorney to look after both financial and welfare issues. This helps avoid potential conflicts, and gives everyone clear responsibilities.
We can also help if you run your own business in Scotland by setting you up with a separate attorney to oversee your business interests.