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Limited Power of Attorney

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Old Aug 17th 2023 | 12:44 am
  #1  
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Default Limited Power of Attorney

We live in Spain and are tax resident. In Spain we own a house and have a bank account. We own a property in the UK and have banks in the UK. We are in the process of setting up a Lasting Power of Attorney (Property and Financial) for the UK. We want to do the same in Spain and would like advice please. What is the equivalent to a UK LPA in Spain? Is there a standard format and is it just a question of going to a local Notario? Our financial matters are very straight forward.

Many thanks
 
Old Aug 17th 2023 | 2:46 am
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Default Re: Limited Power of Attorney

Originally Posted by Brano77
We live in Spain and are tax resident. In Spain we own a house and have a bank account. We own a property in the UK and have banks in the UK. We are in the process of setting up a Lasting Power of Attorney (Property and Financial) for the UK. We want to do the same in Spain and would like advice please. What is the equivalent to a UK LPA in Spain? Is there a standard format and is it just a question of going to a local Notario? Our financial matters are very straight forward.

Many thanks
Yes, you can get just the same here ('poder') - within it you state the limitations of the LPA (sell/buy a property, health or financial matters for an elderly relative etc.)

Remember though that the LPA is cancelled once the person dies (many forget or don't know this)
 
Old Aug 17th 2023 | 4:23 am
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Default Re: Limited Power of Attorney

More here

https://expatsmagazine.org/a-power-of-attorney/
 
Old Aug 20th 2023 | 3:17 am
  #4  
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Living in NW Galicia
 
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Default Re: Limited Power of Attorney

Many thanks for the information. We now understand what is needed and the process for obtaning the Spain "Poder General" and will make an appointment with a Notario.

We are going through the process of obtaining the UK LPA's for our UK assets online. There will be a mixture of Spanish addresses and UK addresses for the various parties to the document. When the whole process of signing/witnessing etc is complete and the document submitted to the Office of the Public Guardian in the UK can the approved/stamped LPA be posted to a person eg the Donor/applicant with a Spanish address? It is not clear from the guidance notes. I have sent an enquiry but it can take several weeks for a reply!

Thanks
 

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