In this episode of Listen Without Prejudice, Senior Partner Mark Chick is joined by Nicholas Barlow from Bishop & Sewell’s Private Client team to discuss everything you need to know about Powers of Attorney.

Nicholas explains the different types of Powers of Attorney, when and why you should consider setting them up, and how they can safeguard your financial and personal welfare decisions in the future. 

From practical tips on family discussions to insights into business LPAs and avoiding common pitfalls, this episode offers essential advice for anyone thinking about future planning — whether for themselves, a loved one, or in a business context.

If you’re wondering about the difference between financial and health & welfare powers, when a Power of Attorney is activated, or how attorneys are restricted in making decisions, you’ll find the answers here.

Chapter Markers:

(01:24) What is a Power of Attorney?

(05:16) Financial vs. Health & Welfare Powers of Attorney

(10:30) Living wills vs. Powers of Attorney

(11:41) Registering a Power of Attorney

(13:20) Powers of Attorney for business owners

(15:19) Can attorneys be paid?

Useful Links:

Connect with Nicholas Barlow on LinkedIn

Reach out to Mark Chick on LinkedIn

Visit the Bishop & Sewell Website

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