Power of Attorney

Making a Power of Attorney ensures you get to choose who will make financial and welfare decisions if you lose your mental capacity due to an accident or prolonged illness, saving family from unnecessary cost and stress.

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David Jack helped our family with financial advice which we required to seek on our mother’s behalf. The information provided by David was very detailed, thorough and tailored to our needs. David has in turn provided us with advice and we would highly recommend Castlebank, having done so already to friends.

Elizabeth BellBearsden

Ideally located

We are based in Glasgow serving customers throughout the central belt of Scotland with free home visits.

Free Meeting

We provide an initial meeting at our expense to discuss your situation and find out whether you feel we would be a good match for you.

Competitive Fees

Put control in the hands of those you trust with our fixed fee Power of Attorney of only £279.00

Power of Attorney Glasgow, Scotland

Can you imagine what would happen if you were to become mentally impaired, suffer an illness or have an accident that left you unable to manage your affairs? A Power of Attorney protects your best interests and the best interests of your loved ones – isn’t it time to think about creating your Power of Attorney

Who does it affect?

It means your assets are automatically frozen, including personal bank accounts and savings meaning essential bills may not be paid, resulting in unnecessary stress and expense for your loved ones.
Your family will feel the impact as they can’t automatically step in to assist.
Their only option is then to petition the court to appoint a Legal Guardian.
The average cost of this is £3000 and can take up to 6 months for the court to appoint a Guardian.

We associate losing mental capacity with old age but in fact, this can affect anybody at any point during their life. For example, did you know:

One in four strokes in the UK happen in people under the age of 65 (Stroke Association)
An estimated 42,000 people under the age of 65 in the UK have dementia – more than 5 per cent of all those with dementia (Alzheimer’s Society)
Accidents can affect anybody at any time, rendering them unable to manage their own affairs.

We care about your welfare and the best interest of your loved ones

Hello, I’m David Jack, Managing Director of Castlebank Financial Planning.

My experience in arranging your Power of Attorney has been proven for over 30 years providing expert advice to individuals and families throughout Scotland.

I have also seen the devastating financial and emotional consequences for those who lose their mental capacity and do not have a Power of Attorney in place.

There are two types of Lasting Powers of Attorney to avoid this:

Property and Financial Affairs LPA

This gives your chosen attorneys authority to deal with your property and finances. If you so wish your attorneys can also act in such capacity for you while you have mental capacity which may be particularly useful if mobility is lost or becomes limited.

The sort of decisions Attorneys might make could include;

Selling your property
Paying your bills
Managing your bank accounts
Making investments

Health and Welfare LPA

This gives your chosen attorneys authority to make decisions about your personal welfare, such as

Who you should have contact with
Where you should live
Providing consent or refusing medical treatment

Come to us or we will come to you

I will provide face to face, online services, and free home visits if preferred to provide initial advice and guidance if you are considering a Power of Attorney.

It all starts with a conversation simply click here contact me to find out more.

Sincerely,

David Jack
Managing Director DipFA,MLIBF, MSWW

Contact Us

0141 231 1656

Main point of contact

David Jack
DipFA, MLIBF, MSWW

BOOK YOUR FREE MEETING WITH ME: WITH ABSOLUTELY NO OBLIGATION

HOME VISITS AVAILABLE: WHERE THIS IS MORE CONVENIENT (NO ADDITIONAL CHARGE)

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What Does a Power of Attorney Scotland Cost

Our comprehensive service includes

Meeting Options

We provide a wide range of meeting options including office, your home or skype to gather information and give advice.

Draft POA

We send you by post and email a draft copy of your POA to check and ensure everything is in order.

Signing Your POA

Meet with you to have your documents signed and witnessed and only take payment at this stage.

Registration

If documents to be registered with the Public Guardian we complete for you and attorneys to sign.

Exemptions

We check your financial circumstances if you are exempt from any registration fees before sending.

Free Wills

If required we provide Free individual Will or Mirror Wills that can be used in conjunction with our Powers of Attorney Scotland service.

Price Per Individual
£280.00 inclusive of VAT
Free Will Available

Price Per Couple
£480.00 inclusive of VAT
Free Will Available

Registration with Office of Public Guardian

You have the choice whether to register your Power of Attorney now or do so when your health deteriorates, currently the Office of Public Guardian fee is £73.00 and we will assist you in completing the forms without charge.

Frequently Asked Questions

Does this mean my family can access my bank accounts now?

This depends on whether you immediately register the Power of Attorney or set it up with a clause that only makes it effective if either you wish it to be because you can no longer get about to do your business yourself or alternatively if a doctor certifies that you are no longer able to manage your own affairs.

Is it better to have more than one attorney?

Yes. If you only have one attorney and that attorney dies whilst you are still alive then the Power of Attorney is no longer effective and any other person who might do this will have to petition the Office of the Public Guardian to make a new one which is costly and is a lengthy process. Additionally if there is no one else the court have to make decisions for you.

What if my attorney’s don’t agree about something?

This can happen and therefore we ask you to choose carefully who you want to appoint. It needs to be relatives or friends who you think will work together in your interest as you are giving them the power to make decisions about your welfare perhaps your care as well as your finances.

Can I change my attorneys if I change my mind?

Yes you can do this but you have to revoke your Power of Attorney and then make a new one. Remember you can only make a Power of Attorney if you have the mental capacity to do so and this is verified by a solicitor.

What if my Power of Attorney is never needed?

Then it will have only cost you the price of setting it up. The good news is that you have been able to look after your own affairs during your lifetime! These days men and women are living longer lives due to improved health awareness and medication however a consequence of this is that many more people suffer from illnesses such as Dementia, Alzheimer’s and thus Power of Attorney may well be needed at some point in later life.

Power of Attorney and Dementia

According to the Alzheimer’s Society there are over 850,000 people with dementia in the UK, and of those, nearly 40,000 are under the age of 65. As this number is expected to exceed 1 million by the year 2025, we are urging the public to think of the future – regardless of their age

Disclaimer

Castlebank Financial Planning is Authorised and Regulated by the Financial Conduct Authority. We can be found on the FCA Register under Number 625914.

Registered in Scotland No SC470413. Registered Office: 20/23 Woodside Place, Glasgow, G3 7QL. Vat No 188753942

The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.

Wills, Powers of Attorney, Trusts and some forms of tax planning are not Regulated by the Financial Conduct Authority