Q&As

Is a notice to sever a joint tenancy in an investment bond effective if the recipient of the notice lacks capacity at the time of service? Does it make a difference if the incapacitated recipient has appointed an attorney under a lasting power of attorney?

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Published on LexisPSL on 25/11/2021

The following Private Client Q&A provides comprehensive and up to date legal information covering:

  • Is a notice to sever a joint tenancy in an investment bond effective if the recipient of the notice lacks capacity at the time of service? Does it make a difference if the incapacitated recipient has appointed an attorney under a lasting power of attorney?

Is a notice to sever a joint tenancy in an investment bond effective if the recipient of the notice lacks capacity at the time of service? Does it make a difference if the incapacitated recipient has appointed an attorney under a lasting power of attorney?

We refer to Q&A: Can a notice of severance of a joint tenancy over a bank account or investment be validly served on a joint tenant who has lost capacity? There

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