Consumer expert Martin Lewis offered young people a sage piece of advice during his ITV show after an audience member posed a question regarding the age at which you should set up a power of attorney. Power of Attorney, as stated by Which?, "is a legal document where one person (the donor) gives another person the right to make decisions on their behalf". It adds: "If you want someone to act on your behalf in financial or medical decisions you'll need to give them power of attorney over your affairs."
During the show the 50-year-old financier and broadcaster was tackling the "difficult but important conversations" to have with friends and family to help prepare and protect finances in the event of any of the "3 Ds: death, divorce, and dementia" and after hearing this question urged people to seek out a power of attorney as it was "more important than a will".
An audience member named Caitlin said: "Hi. So my question is at what age should you nominate a power of attorney and how do I go about doing so?" Martin inquired: "How old are you?"
