My parents have finally come to the conclusion that a POA might be a good idea to put in place and have mentioned it to me and my sister. However the complicated part is that they live in the UK and we both don't.
I have spent the last few days researching as much as I can, and having found this wonderful site, have now only realised that there are 2 different POA's!
Can I become their Power of Attorney as I am overseas? Will banks and other institutions be happy with that? My mother has rung a Solicitors to enquire, but as yet, 3 days later they still can't answer her.
I'm due back for a visit at Easter, so was hoping to set wheels in motion prior, so any signing of paperwork can be done whilst I'm there. With Internet Banking/Skype/Face Time, I can't see what the problem could be, or is it just so unusual there aren't any protocols in place.
Has anyone else done this and were there any pitfalls?