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Power of Attorney & Bereavement

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Explaining Power of Attorney

Here at Buckinghamshire we appreciate that this can be an extremely sensitive subject, dealing with the possiblity that you or your loved ones may not be able to look after and manage their finances.  This can be an incredibly difficult subject to talk or think about. However, by putting it off it can cause far greater long term difficulties when those who are caring for you are trying to manage your financial affairs when you have lost the mental capacity to do so.

Firstly we would recommend obtaining professional advice from a solicitor who can help with the Power of Attorney, it is not complicated or difficult but it is worth making the time to put the correct forms in place. By putting in place a Lasting Power of Attorney you will save a great deal of difficulty, delay and ongoing expense in the long run.

Power of Attorney for Existing Savings/Investment accounts

If you require a Power of Attorney over an existing savings account, please contact us and we will send you out a form to complete. Once the Power of Attorney is in place, your solicitor will be able to certify some copies of the Power of Attorney document and we ask that you send us one of these along with the completed form. We will electronically identify all attorneys named on the document and we will also need you to send copies of identification documents as detailed in the ID requirements

If you would like to open a new Savings Account with a Power of Attorney

Once you have selected the savings account that you require then download the POA Application form complete and return it with a certified copy of the Power of Attorney document and identification for the donor and the attorneys.

Bereavement

We appreciate that this will be a difficult time for you and we aim to make any dealings you have with us as easy as we can. Our team will treat you with compassion and respect when you seek our help and support following bereavement.

  • We will provide you with access to practical, jargon-free information and help. We’ll also tell you about other external sources of help available to you.
  • When you get in touch to tell us about your bereavement we will respond rapidly and will start to take the necessary action straight away.
  • We will provide support to meet your individual needs throughout the process and will work with you to resolve everything as quickly and simply as possible keeping you informed.
  • We will plan carefully to make sure we can consistently provide the best possible service for those who are bereaved.

Funeral costs can be paid from the account if we are provided with an invoice, without having to wait for probate.