A lasting power of attorney lets you decide who you would like to make decisions for you if you lose mental capacity. While you may be tempted to try and do it yourself, the process is complicated and if not followed correctly your lasting power of attorney may not be valid when you need to …
Mental capacity requirements to make a will With debilitating conditions such as dementia and Alzheimer’s on the increase, the question of whether or not a person has mental capacity to make a will frequently arises. Deborah Adams, wills and probate lawyer at Parnalls in Launceston explains the rules. Assessing mental capacity Mental capacity, in the …
Why you need a Lasting Power of Attorney (it’s not just for the elderly) A Lasting Power of Attorney is not just for the elderly — it’s for anyone who becomes mentally incapacitated through accident or illness, which could be pretty much any of us at any time. Scary, we know. Here’s a jargon-busting guide …
This is when a family member needs to set up a Lasting Power of Attorney (LPAs). Deborah Adam’s, Director and Head of Private Client Department at Parnalls who deals with Probate, Wills and Financial administration gives her advice What are they and why are they so important? A Lasting Power of Attorney (LPA) is a …
It’s never too late to start thinking ahead. We should all start to come to terms with the legislation which comes into force from the 6th April 2017 in relation to the new Residence Nil Rate Band (RNRB) which was introduced by the conservative government to enhance the standard Nil Rate Band (NRB) of £325,000 …
