Having a Property and Financial Lasting Power of Attorney enables the person or people you have chosen to pay bills, open and close bank accounts, sell your property and make investments when you no longer wish to or are unable to make decisions for yourself.
Separation can be a difficult and overwhelming experience and even more so when there are children involved. You and your ex-partner may possibly have opposing views as to how to divide your family assets and as to what is best for your children. It is important, if possible, to keep the lines of communication open between you both as you may eventually be able to reach a compromise. If you are able to resolve your issues direct, follow this up by taking legal advice so that you are fully aware of the legal implications of the agreement. You can also arrange for your agreement to be reflected in a legally binding document.
If you are unable to reach an agreement direct with your ex-partner or if you are confused, there are several different options available to you.
