Effectively managing the process of designating trusted individuals for handling affairs or making crucial health decisions on behalf of clients requires thorough understanding. This resource provides practical insights tailored for legal professionals, ensuring clear and comprehensive guidance on creating and implementing powers of attorney and advance decisions. Discover expert advice to appropriately address client needs and uphold their best interests.
The following Tax news provides comprehensive and up to date legal information on FTT considers late appeal applications (Stenhouse and another v HMRC; Abbey Healthcare (East Kilbride) Ltd and others v HMRC)
The following Private Client news provides comprehensive and up to date legal information on IHT not due on failed EBT Bonus scheme (Tonkin v HMRC)
The following Private Client news provides comprehensive and up to date legal information on Contracts between family members—capacity—unjust enrichment (Rogers v Wills)
Nature and classification of trusts—the three certaintiesCertaintyIn order for a settlor to create a private express trust the three certainties must...
ProtectorsWhat is a protector?A protector is a person who holds powers under a trust but who is not a trustee. A protector is a person who is...
Preparing the application form PA1P/PA1A for probate or letters of administrationFORTHCOMING CHANGE: The postal application forms PA1P and PA1A for...
Administration actions—personal representatives and the deceased's liabilitiesAn individual may assume obligations, for example in respect of...
Can a donor make more than one lasting power of attorney? If so, what are the rules on registration?Generally, it is possible to make multiple lasting powers of attorney (LPAs) as long as they do not conflict with each other but if any of them contain provisions which are inconsistent with a legally
Can an ordinary power of attorney be expressed to cover a period before the date that the deed creating the power of attorney was executed if that is the intention of all parties?We are not aware of any authority which indicates that a power of attorney can have retrospective effect. However, acts
Can a bankrupt individual be appointed as an attorney pursuant to a power of attorney? Does it make a difference if they are a discharged or undischarged bankrupt?As this Q&A has not specified the power of attorney we have considered both ordinary powers of attorney and lasting powers of
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
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