Women & Money Cafe Podcast

Why you need a Power of Attorney NOW!

Award for the stupidest advice we’ve heard this year…

Goes to a solicitor who told a client you don’t need a Lasting Power of Attorney until you are in your 80s.

This is what one of Michelle’s clients were told. We were that shocked we felt the need to do an episode on what a Power of Attorney is and why you need one.

You get 2 kinds – a welfare power of attorney, and a financial power of attorney.

You need both. And before you hit your 80s!

They basically allow for someone who has your best interests at heart to make decisions for you if you are unable to do so yourself.

If you wait until you need one, it’s probably to late. A bit like trying to get life cover after a critical diagnosis. You can seek legal advice to put one in place, or arrange yourself via the links below.

Resources:

MSE article

Scotland Office of Public Guardian

England & Wales

Northern Ireland Department of Justice



YOUR HOSTS

Julie Flynn is an experienced independent financial adviser and financial coach. Justice and equality drive Julie. Which is why she’s spent years studying and researching how stress affects our financial decision making.

She uses her years of experience and research to support women experiencing or planning significant change in their lives. 

Julie is best known for her work with women who have lost their partner and coaching financial services business who want to implement fair and transparent charges.
Ebb & Flow Financial Coaching | Bree Wealth & Tax | Instagram

Emily Pool is a Financial Planner and Will Writer and Founder of Happy Planet Financial Planning and is passionate about empowering people to invest their wealth (pensions and savings) sustainably and in line with their personal values. 

✅ And if you enjoyed the show, please leave us a review.
We genuinely love hearing your questions and feedback. 
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Disclaimer: The information provided in the Women and Money Café Podcast and Website does not constitute financial advice and nor should it be taken as such. They are thoughts and discussions in around money and possible options available to you. Whilst all attempts are made to provide accurate information at the time of publishing you should seek your own clarification . Should you require advice for your specific set of circumstances contact a qualified, authorised financial adviser directly.

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