Q&As
The donor of a lasting power of attorney (LPA) gifted a bank account to X under their Will. Does the gift adeem if the donor's attorney under a LPA closes that bank account?
This Q&A assumes that the donor had full mental capacity when they made their Will.
The donor of a Lasting Power of Attorney (LPA) gifted a bank account to X under their Will. Does the gift adeem if the donor's attorney under a LPA closes that bank account?
Lasting powers of attorney
An LPA is a legal document that enables an individual (or donor) to appoint one or more people (known as attorneys or donees) to make decisions on their behalf. Unlike a general Power of attorney created under the Powers of Attorney Act 1971, an LPA continues to take effect after the Incapacity of the donor.
For more on the powers of an attorney, see Practice Note: LPAs—the attorney's duties and powers.
The doctrine of Ademption
A specific gift is said to be adeemed if the testator no longer owns the subject-matter of the gift (ie the
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