At Cohen Knights, we understand that managing your wealth involves more than just making wise financial decisions. It’s about ensuring that your assets are safeguarded and managed effectively, even in the most unexpected circumstances.
What is a Power of Attorney?
A Power of Attorney is a legal document that grants someone you trust the authority to make decisions (usually financial) on your behalf when you are unable to do so.
Power of Attorney in Norfolk or Nationwide
If you have concerns about losing the capacity to oversee your personal matters, or require guidance and financial counsel during challenging periods, rest assured that we’re here to help you. Our expertise spans a range of essential services, including Power of Attorney, Lasting Power of Attorney, and Enduring Power of Attorney. At Cohen Knights, our commitment is to ensure your financial future by establishing the vital legal documentation that safeguards your financial independence.
If you’re based in Norfolk or further afield and require assistance with a Power of Attorney, please contact us for a free consultation now.
The Key Benefits of Powers of Attorney
Power of Attorney (POA) is a legal document that grants someone you trust the authority to make financial decisions on your behalf when you are unable to do so.
Safeguards your assets and investments with your trusted agent.
Prevents costly and time-consuming court intervention and guardianships.
Provides peace of mind through trusted financial representation.
Ensures your wishes can be actioned with someone you trust.
How does a Power of Attorney work?
Appoint
Appoint people (called Executors) to carry out the terms of your Will. Appoint Guardians you trust to look after your children.
Gifts
Leave gifts of specific items or fixed sums of money.
Estate
Name the people or charities you want to benefit from your estate.
Trusts
Include Trusts to help protect your assets for your children.