Authorised Signatory & Executor query

[hpsims]

hi all,
I have a relation who due to his age his health and eye sight is deteriorating, he has asked if i would mind being able to sign any documentation that comes through and deal with it such as any cheques that need writing to pay bills, rights issues, etc.

What is the best way to go about this. I currently do a lot of his paperwork as his executor and deal with a nuber of financial queries for him.

Would there be any problems due to me also being his executor and which would be the bes way to go about it to ensure that there are no issues that may arise in the future and when he passes away relating to the looking after of his affairs and the estate.

He has suggested i get a joint account with him but this i think would cause more problems and would only allow me to sign things relating to the bank and not any other financial or non financial matters. am i right in thinking that some form or last pwer of attourney is required.?

1. As mentioned is a lasting power of attourney required or some other legally minding documentation.
2. How do we go about getting this set in place and to be able to be used straight away for any documents that need signing
3. how costly is this to get set up and how much time wouldit take.

thanks in advance for the advice and suggestions

Yours hpsims

[Lee Young]

He should appoint you his attorney under a lasting power of attorney. Ideally he instrusts his solcitor to prepare the paperwork - the solicitor will confirm the costs becore committing him to any work.