Lasting powers of attorney (LPAs) and Deputyship Orders share some similarities, giving people the legal authority to act on your behalf when you lose mental capacity. However, plenty of key differences between the two are essential to understand. This blog will explore these two legal tools, how each can be used, and how you can […]
LPAs vs Deputyship Orders – What’s the Difference? Read More »
Wills and trusts are often considered separate, but have you ever heard of a Will trust? Will trusts can be a valuable tool for estate planning, protecting assets, and ensuring they are distributed according to the settlor’s wishes. However, they can be complex, and it’s important to understand how they work and the benefits for
Understanding Will Trusts Read More »
When establishing your lasting power of attorney (LPA), you’ll be confronted with the question: who do you want your attorney to be? This is a big decision, as your attorney can act for you and make decisions on your behalf. This guide will walk you through the responsibilities of an attorney and help you understand
How to Choose an Attorney Read More »
When someone passes away without leaving a valid Will behind, their estate must be distributed according to the rules of intestacy. These rules can be complex; however, they are vital to understand so you can ensure your assets are distributed in line with your wishes and values. In this guide, we’ll explore the rules of
Everything You Need To Know About the Rules of Intestacy Read More »
Retirement planning is crucial for ensuring a comfortable future, and your pension plays a huge role. However, when writing a Will, you may overlook your pension entirely. Including pensions within your estate plan is key to ensuring your savings are distributed in line with your wishes and maximising the legacy you leave to your loved
Your Pension and Your Estate Read More »
Lasting powers of attorney (LPAs) enable you to grant your chosen attorneys the ability to act on your behalf. However, do you really need one? Read on to see just how an LPA could benefit you! What Are Lasting Powers of Attorney? LPAs allow people you select to make decisions on your behalf while you
Lasting powers of attorney (LPAs) are legal documents that can be incredibly useful for later life planning. Many people think they are unnecessary, but there are many reasons why an LPA may be beneficial to you. What Is an LPA? A lasting power of attorney (LPA) is a legal document that allows you to appoint
5 Reasons Why You Need Lasting Powers of Attorney Read More »
Lasting Powers of Attorney (LPAs) are set to be modernised according to new government standards established in July 2021. More people than ever are looking into establishing an LPA to secure their future, and the old process is set to be scrapped for a new, streamlined version that will include additional safeguards. What Are Lasting
Why Lasting Powers of Attorney Are Being Modernised Read More »
No one wants to be hit with a huge Inheritance Tax bill after a bereavement. However, new measures have recently been introduced to reduce this taxation, meaning you can leave more for your loved ones. What Is the Residence Nil Rate Band (RNRB)? A measure that enables an additional amount of your estate to be
The New Residence Nil Rate Band – How To Qualify for the IHT Uplift Read More »
Lasting Powers of Attorney (LPA) is a legally binding document that allows people to appoint a person of their choosing to make decisions for them. They are often created in preparation for, if, or when an individual loses mental capacity and cannot make decisions for themself. Though LPA’s must be agreed upon when the person
Deputyship Orders in the Event of Not Having Lasting Powers of Attorney Read More »
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