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power of autarky when your no longer here

(33 Posts)
Bingbangboom Fri 31-May-24 12:31:01

I have 3 wonderful daughters who is my power of autarky

ExDancer Sat 01-Jun-24 13:18:38

If she's in the States, she's 5 or more hours behind us, so its early(ish) Saturday morning for her and she may have other things to do before she looks on here again and reads our replies.
Lets give her a day or two to reply if she's genuine, and then draw a line under the matter as you say. We do seem to be seeing more and more posters from across the pond.

BlueBelle Sat 01-Jun-24 12:27:49

Personally I think we can draw a line under this poster has three daughters she has appointed all three to be her Power of Attorney
End of

Germanshepherdsmum Sat 01-Jun-24 12:19:23

She says ‘when your (sic) no longer here’. A power of attorney ceases to be valid on death as I have already said.

Astitchintime Sat 01-Jun-24 12:12:57

Cossy

FGS Where are these rather odd posters coming from?

The gin palace probably grin

Siope Sat 01-Jun-24 12:07:48

It doesn’t have to be done by a lawyer, you can complete the forms and register both health and finance PoAs yourself: www.gov.uk/power-of-attorney/register

As others have said, PoA stops when you die (they are for if you lack capacity whilst alive). You can choose one, two or all three of your daughters, or other people - just make sure you trust them, and that they understand exactly what your wishes are

Elegran Sat 01-Jun-24 11:45:43

The original poster is looking for advice on PoA, in plain English.

It has to be done officially, with a legal document by your lawyer. Without that, whoever you choose to have power of attorney might not be accepted if she made a decision on your behalf when you were not able to decide for yourself.

After all, they could be just anybody saying "But she told me she wanted me to do it this way. Give me all her money and don't bring her round her if she is very ill." when you what you would have wanted them to do is to use your savings to pay for a nice care home for your last years.

If you don't have a proper Power of Attorney certificate, get that now. A lawyer will guide you through it. The certificate will be stored until it is needed and then be activated. There is no need to worry that the person named can immediately withdraw everything from the bank and vanish - it won't be activated while you are still running your own life, it has to be activated first.

The important thing to remember is that if you decide to get the Power of Attorney too late, when the lawyer thinks that you have already become too confused to know what you are signing, he or she will refuse to draw it up for you.

So the time to do it is when you are fully aware of what is what and you are able to say clearly who you want to act for you and what kind of thing they are to have control of, health decisions, money ones, or both.

Sago Sat 01-Jun-24 11:14:05

Do we get a prize?

Sago Sat 01-Jun-24 11:13:44

The prettiest?

BlueBelle Sat 01-Jun-24 09:55:02

Obviously a spelling mistake but is she asking a question or making a statement?

ExDancer Sat 01-Jun-24 09:27:58

I don't know what she means!
What is autarky FGS? is it something they have in other countries - but not in the UK?

petra Sat 01-Jun-24 09:23:54

petra

Cossy

FGS Where are these rather odd posters coming from?

Planet LaLa land 😂

I’ll probably get another slap on the wrist for that 🤦🏼‍♀️

petra Sat 01-Jun-24 09:23:11

Cossy

FGS Where are these rather odd posters coming from?

Planet LaLa land 😂

Witzend Sat 01-Jun-24 09:16:05

It can be stated on the forms that they can do it ‘jointly or severally’ - in other words, if e.g. 2 were away or otherwise not able to act, the 3rd could act or decide alone.

We have appointed 2 x dds to act ‘jointly or severally’.

ExDancer Sat 01-Jun-24 09:07:16

not 'is', 'does'

ExDancer Sat 01-Jun-24 09:06:46

Bingbangboob - may we know where you live? Are you in the UK or some other country? Do you mean Power of Attorney?
What is Power of autarky mean?

M0nica Fri 31-May-24 18:34:35

Bingbangboom Age UK have a very useful factsheet on Powers of Attorney. You can find it if you click on this link
www.ageuk.org.uk/information-advice/money-legal/legal-issues/power-of-attorney/

Cossy Fri 31-May-24 18:21:18

FGS Where are these rather odd posters coming from?

Germanshepherdsmum Fri 31-May-24 18:07:00

Ridiculous.

DiamondLily Fri 31-May-24 18:06:46

If you trust those you have appointed as POA’s, it doesn’t matter what strangers on the net think.

petra Fri 31-May-24 17:46:30

Bingbangboom

I have appointed them and would like your opinion

We don’t know them, how can we have an opinion 🤷‍♀️

Georgesgran Fri 31-May-24 17:44:59

For both ‘health’ and ‘wealth’?

RosiesMaw Fri 31-May-24 17:40:24

Power of Attorney?

Germanshepherdsmum Fri 31-May-24 13:12:05

When you die your power of attorney ceases to be valid.

Wyllow3 Fri 31-May-24 13:05:30

A new poster.

MaizieD Fri 31-May-24 13:03:46

I thought autarky was what Johnson invoked when he predicted the UK would make a killing by trading when other countries were shut down by covid 😆

I'd suggest that the OP is on the wrong thread and she should raise her query on the legal & pensions forum...