Author Archives: garrystreeter

When incapacity strikes the Lasting Power of Attorney (LPA) become a family’s ultimate problem solver. No other legal document can match it for preventing financial loss, opening doors, eliminating bureaucracy, and preventing loss of control when needed the most. Provided … Continue reading →

Confused about the new Residence Nil Rate Band (RNRB)? Several newspapers and Solicitor’s articles have suggested that anyone who has placed their main residence into a discretionary trust will need to urgently review their planning or be unable to benefit … Continue reading →

When you think about it, everything has a downside, a disadvantage. To arrive at a ‘balanced decision’ you need to know the good and the bad. So why then, when we go to arrange one of the most important documents … Continue reading →

Govt figures tell us that a record number of UK families will face an Inheritance Bill. Therefore, a greater number of individuals will be receiving an inheritance. Leaving an inheritance sounds like a nice thing to do, but in fact … Continue reading →

Of all the ‘legal tools’ available today, nothing compares with the Lasting Power of Attorney’s (LPA) scope to resolve problems, to save time and money. Its capacity to ‘smooth the way” for a family at such a traumatic time makes … Continue reading →

To do their job well, LPA attorneys must always consider the potential consequences of their decisions. All their decisions will be important, but some will more far reaching than others. To help the attorney(s) the donor might well include ‘instruction’s … Continue reading →

By far the biggest deficiency of most Powers of Attorney is their inability to fully, and accurately demonstrate the donor’s wishes. An LPA after all bestows authority, but not fully explain the donor’s wishes. In an LPA this is left … Continue reading →

A recent article in a financial newspaper reports that many LPAs should, but do not include an explicit instruction to outsource investment advice. This omission will pose significant problems for the attorneys, put at risk the donor’s assets, and make … Continue reading →