Investment Policy and Power of Attorney

[somnath]

I am a Registered LPA attorney for my father who has Prostate Cancer. He had taken out an Investment Policy for 2 siblings and one for me which have matured now. He intension is to give each child the proceeds from his/her policy. I would like to cash in the policies for my father and carry out his intensions.

I already manage his bank accounts and his Benefits with agreement from the siblings.

Can I do this as an attorney and complete forms and sign?

[dslippy]

The powers given within an LPA are specific and particular. You can do whatever is included, but not not.

[somnath]

I have an LPA for Property and Financial affairs. However, there are no specific items mentioned. Confusing!!

[dslippy]

Either the power is expressed or it does not exist.

[somnath]

Thanks DSIPPY!!.

Contacted company which was very helpful - resolved by sending LPA to verify. Once done, I can ask for release of funds as per his wishes.