What do LPAs do?

What do LPAs do

Lasting Powers of Attorneys (LPAs) present a means by which you are able to appoint someone trusted to make key decisions for you should lose the ability to do so yourself, this is called a ‘loss of capacity’ This is the broadest answer to the question ‘What do LPAs do’?   LPAs allow you to …

LPAs for Business Owners

LPAs for Business Owners

LPAs for Business Owners – Against a backdrop of antidiscrimination legislation and shifting demographics the use of separate ‘personal’ and ‘professional’ LPAs for Business Owners grows increasingly common.   Legislation acknowledges the need for separate Business LPAs Distinct Business LPAs allow Attorneys to put the interests of a Company first Removal of a mentally impaired director …

Leaving money in trust for grandchildren UK

Leaving money in trust for grandchildren UK

Leaving money in trust for grandchildren UK, with families increasingly dispersed, relationships between individual members grow more diverse and leaving money in trust or grandchildren (UK) becomes more popular.   Discretionary trusts give ongoing decision-making powers to trustees Assets may be protected from bankruptcy and divorce Trusts may persist for 125 years   At the …

How to get power of attorney when person is incapacitated UK

How to get power of attorney when person is incapacitated UK

When clients enquire as to how to get a power of attorney when a person is incapacitated UK, the first thing we explore is their interpretation of the word ‘incapacitated’. Typically, such questions are posed when the subject of the enquiry is unable to act for themselves, because of some deteriorating condition or accident.   …