Key Terms Lasting Powers of Attorney (‘LPAs’) are formal legal documents which allow you to appoint attorneys to make decisions for you in the event that you are unable to do so for yourself in the future. An LPA is a safeguard which gives you peace of mind that should you in the future, lack …
If you are fortunate enough to have financial security, and more money than you need to live comfortably, then you may want to pass on some of your wealth to your family and friends while you are still alive. Making gifts to loved ones during your lifetime can be immensely rewarding and tax efficient, but …
21 September 2017 is World Alzheimer’s Day. To mark the occasion, and help raise awareness of the issues faced by dementia suffers and their families, Deborah Adams, head of private client department with Parnalls Solicitors in Launceston, provides an overview of the practical legal steps you can take to help protect yourself and your loved …
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 …
If a friend or relative has lost mental capacity and there is no power of attorney in place, it may be necessary to apply to the Court of Protection for a deputy to be appointed. Deborah Adams, Head of Private Client department at Parnalls in Launceston explains what a deputy is and their role. What …
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 …
