Power of Attorney is a legal device in Ireland that can be set up by a person (the Donor) during his/her life when he/she is in good mental health.
It allows another specially appointed person (the Attorney) to take actions on the Donor’s behalf if he/she is absent, abroad or incapacitated through illness.
If someone in Ireland is mentally incapacitated (for example, because of illness, disability or a progressive degenerative illness), all of their assets and property are normally frozen and cannot be used by anyone else unless they are jointly owned or, someone has power of attorney to deal with them.
There are 2 typed of Power of Attorney
(1) Power of Attornery which gives either specific or general power and ceases when/if the Donor becomes incapicatetd and;
(2) Enduring Power of Attorney which takes effect when/of the Donor becomes incapacitated
Anderson & Gallagher can assist you in the preparation of a Power of Attorney and a dedicated professional will guide you through each step of the process.