Power of Attorney

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oddbod

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Post by oddbod » Fri Jan 23, 2009 9:41 am
Hi

I have a question for the experts i think.

My wife is just about to start the legal process to gain power of attorney over her father's affairs, as he has mental and physical disabilities following a serious accident.

Do you know if she will be granted 'control' over his financial affairs as we are both in IVAs? I understand that we would have a problem if she was bankrupt, but I can't find any mention of the position of people in IVAs with regard to gaining POA.

Thanks

Dave
 
 

MelanieGiles

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Post by MelanieGiles » Fri Jan 23, 2009 9:47 am
Hi there and welcome to the forum

There is no bar to your wife acting as Power of Attorney to assist her father.
Regards, Melanie Giles, Insolvency Practitioner
 
 

jane.l

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Post by jane.l » Fri Jan 23, 2009 10:26 am
I am a bit worried about this as my father has made me Power of Attorney in his will, he is ok at the moment, he is thinking of the future, he does not know however that I have been bankrupt, would this affect things? I am discharged now [?]
 
 

Skippy

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Post by Skippy » Fri Jan 23, 2009 10:33 am
I'm an executor in my uncle's will and I've been BR, but I don't think it's a problem.
 
 

MelanieGiles

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Post by MelanieGiles » Fri Jan 23, 2009 11:18 am
It doesn't affect discharged bankrupts from acting in this capacity.
Regards, Melanie Giles, Insolvency Practitioner
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