People who are able to instruct solicitors need to instruct the preparation of a Power of Attorney. (PoA) This will appoint someone you trust to have the authority to open the new bank account and close the old account.
There are different types of Power of Attorney and although not necessary to resolve the issue it is generally a good idea to consider a continuing financial and welfare PoA. This requires to be registered and there is a fee for registration. It is about the same amount of work as a PoA that will not continue if you become incapacitated in the future. There is a time delay in getting it registered so you should act now. Further information is available from our free downloadable guide.
If you have any further questions or require further assistance please telephone 01698 269370 or contact us using the boxes below.