AI to save/make money?

[Theyreeatingthedogs]

I'm interested in how AI can be used to make money or save cash.
I don't mean for your occupation and helping your employer, I'm interested in personal use.

Does anyone have any examples?

I'll start. We are selling our mother's house after probate. I am going to be out of the UK for an extended period so wanted my sister to deal with the sale on her own - we are joint executers so assumed that this would be straight forward. We asked our conveyancing solicitor and they said they'd need a power of attorney for which they would charge £300. Used AI to produce one and saved the £300.

Anyone got any more?

Hmm. I need to pass on my share of an inheritance ( house) to my brother legally - I wonder if I can do the documents myself like this. Are you sure what you have produced is legally binding?

i don’t know anything about that process but I’d personally be wary of using AI instead of a solicitor incase there was an issue with what AI produced, solicitors can get things wrong but at least you can hold them to account about it afterwards?

I think AI can be brilliant at writing things for you and saving time but you need to have the knowledge to know if what it's produced is correct.

Nothing you have said has made sense. Has your mother passed? (Sorry for your loss) so POA means nothing. POA ceases to exist when the principal dies. So you don't need it to sell a house - even you said probate had passed. Also AI can't do a POA - you need to obtain signatures in a particular order - and they need to be wet ink. Sorry I can't make head or tail of your post.

I think OP wanted the solictor to be POA so they could act on OP's behalf.

Better (cheaper) advice would be to allow DSis to act on her behalf and AI would be able to write that for you, or you can probably find a free template.on line. I'd want to know it was correct before relying on it, but in practice, if OP and DSis are the only executors and beneficiaries, no one's going to know or care.

What do you mean ‘they said they would need a power of attorney’?

That also makes no sense. POA only applies when you lose loss of ability to advocate on your own behalf - you can't just apply for it because you are out of the country or busy! If you want someone to be your POA then they have to complete the Office of the Public Guardian forms the same as anyone else. Which require wet ink signatures - I really don't know how I can be more clear. I did it for my mum and dad x2 (i.e. health and wealth, so four forms in total). No templates, you just follow the online forms, print off to get the wet ink signatures, and then submit to the OPG and pay their fee (£90-odd). There is nothing that AI can do to support that process, literally nothing... honestly people are either mixing up their legal terms or don't know what they are talking about.

POA only applies when you lose loss of ability to advocate on your own behalf

No it doesn't, you can appoint a PoA to act on your behalf in any matter at any point in your life. What you're referring to is an enduring PoA, whichbcomes into effect after a person has lost capacity, but you can, if you choose also give them the ability to act as PoA while you have capacity.

EPAs haven't been the process for almost two decades. LPA is the term now. That said, most people when they say POA mean LPA, rarely OPA. Also AI can't legally draft and finalise a valid OPA - you still need to pay to get it notarised and again wet signatures apply.

Yes, you're right and I'm using old language, but the point I was making is that you don't need to lose capacity to have PoA acting on your behalf, as PP was asserting.

OP is a prime example of the dangers of using AI when you don't have enough underlying knowledge to know whether AI is right or not or to challenge it. To use AI to draft a legally binding document in order to save £300 is the height of folly.

I hate to break it to you but solicitors use AI. Most clients don't even realise and often it isn't checked. There have been a number of high profile cases of solicitors (and barristers) taking fees and putting AI slop in front of judges, and only the opposing solicitors catch it when trying to counter it. Most legal work doesn't come under such scrutiny and the client is none the wiser.

You don't have to break anything to me. I am a solicitor and well aware of the unethical use of AI by solicitors. The legal profession, like all other professions, are exploring the use of AI to make work more efficient and to reduce the legal costs to clients. However, my firm also trains on the responsible and ethical use of AI.

Of course a lay person is free to use AI if they think all solicitors are using AI. The only difference is if AI gets it wrong, the person has no lawyer to sue. But at least they saved £300.

My 10yo autistic childs school placement broke down. He's currently only receiving a day and a half at alternative provision (I'm working on getting EOATS written into EHCP, but everything takes time). In the meantime AI has been planning lessons for the days I need to teach him. It's actually doing a surprisingly good job of coming up with activities that link curriculum to his special intrest. Still needs checking by me, but takes a fraction of the time of doing it all myself.

Not money saving per-say, but saves me a lot of time and because it makes teaching him at home more manageable, I'm not paying for as many home ed classes, or buying online curriculum/lessons.

Used AI to produce one and saved the £300.

In old days (eg., 6 yrs ago): I wonder if I would have found the same PoA template using ordinary google search and then filling in the form by hand for 10 minutes. Followed by necessary signatures (step needed whether AI was involved or not). Just a thought.

I did my whole Green Card application with the help of AI.

A lawyer would have cost $6,000 - 10,000. They had the audacity to tell me my case is “complicated” and instructing a lawyer was “strongly advised” (without going into why it was particularly complicated). AI and extensive personal research on Reddit told me the exact opposite.

The conveyancing solicitor was happy with it so I'm over the moon.

The power of attorney was so my sister could act for me when I am out of the country.

Agreed. I had to sign a POA to allow a solicitor to act for me in another country. Apparently, it's quite common.

Well you seem to be more knowledgeable than my conveyancing solicitor!!!

No it isn't. I completely trust my sister. Solicitors on the other hand...

The POA that I had to sign specified that the solicitor was acting for me in a particular matter only. Very similar to your situation, @OP.

I did get a translation of it checked out by someone in this country and the chap that I spoke to me told me that it was actually very common.

This. Remember AI can be (and frequently is) wrong. Careers have been ended by people relying on it.

For legal documents, you could use it to draft documents and ask a solicitor to check them.

Yeah, AI can be wrong but so can solicitors. When we started the probate process for my mum we discovered mistakes made by her solicitor when mum and dad bought their house, when my dad died and when my mum made her will.

My mum's solicitor had a lot of sorting out to do. They caused the problems. We made sure that they financed correcting the errors.
They tried to get us to use them to do mum's probate but we did it ourselves.
So, you can see why I do not hold solicitors in high regard.
They are very worried that AI will take away a lot of their business. Can't come soon enough.

This is completely wrong- please don’t say things with authority when you have zero clue. You are talking about a specific power of attorney (an LPA). An ordinary power of attorney is very often used when someone is out of the country or busy.