Money Mondays

25. 3rd Party Mandates & Power of Attorney


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It can be very difficult to manage your financial affairs while you're in prison so Zak & Emma are looking at a couple of possible solutions.

3rd Party Mandates are a way of giving a trusted person limited access to your bank or building society so they may be able to do simple things such as check balances and pay bills for you. Power of Attorney is a legal document and usually give the attorney much more control, these are normally set up when a person can no longer make sound decisions on their own

Zak & Emma explore the differences and restrictions and relate this to being in a prison environment 

USEFUL LINKS:

  • Quids In Magazine

  • Unlock - Managing an account in prison

  • Citizens advice - Managing affairs for somebody else

If you would like to get in touch with Money Mondays and ask us a question, suggest a topic or start a conversation, you can E-mail us at...

📧:  [email protected]

💬 DM us: @afterprisonpod on Instagram, Twitter and TikTok

✉️ Write to us: Life After Prison, National Prison Radio, HMP Brixton, London SW2 5XF

This episode is hosted by...

Zak - The award-winning co-presenter of NPRs 'Life After Prison' Podcast

Emma - Works for 'Clean Slate' & their money skills resource 'Quids In' - Who provide information and support to people on lower incomes

You can find out more about the work of the 'Prison Radio Association' and 'National Prison Radio' here:

https://prison.radio/

 

 

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Money MondaysBy Prison Radio Association