2019 Guide to Lasting Powers of Attorney

Preparing in advance of vulnerability and incapacity

Lasting powers of attorney

Creating and maintaining the right investment strategy plays a vital role in securing your financial future.

It is difficult to comprehend that you would ever lose the ability to manage your own affairs, but mental and physical incapacity can happen to anyone at any time. In England and Wales, a Lasting Power of Attorney (LPA) is a legal document that allows you to appoint one or more people to make decisions on your behalf during your lifetime.

2019 Guide to Lasting Powers of Attorney: Appointing the right people
2019 Guide to Lasting Powers of Attorney:
Appointing the right people

The people you appoint to manage your affairs are called the ‘attorneys’. A LPA is a completely separate legal document… Read More »

2019 Guide to Lasting Powers of Attorney: Capacity, Health and Welfare
2019 Guide to Lasting Powers of Attorney:
Capacity, Health and Welfare

Many people don’t know that their next of kin have no automatic legal right to manage their spouse’s affairs without an… Read More »

 

Time to get your affairs in order?

It’s not easy to think about a time when you won’t be able to make your own decisions, but it can help to be prepared. Getting your affairs in order can be carried out at many different stages of life and is sometimes motivated by a range of very sensitive personal reasons.

If you would like to review your situation or discuss the options available, please contact Mercier Allen for further information – we look forward to hearing from you.

To download the full guide please click here.

This guide is for your general information and use only, and is not intended to address your particular requirements. The content should not be relied upon in its entirety and shall not be deemed to be, or constitute, advice. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of the content. Thresholds, percentage rates and tax legislation may change in subsequent Finance Acts. Levels and bases of, and reliefs from, taxation are subject to change and their value depends on the individual circumstances of the investor. The value of your investments can go down as well as up and you may get back less than you invested. All figures relate to the 2018/19 tax year, unless otherwise stated.