You may think that if you become unavailable to run your own business for a short or longer term, then your family and/or friends have an automatic legal right to act upon your behalf in relation to your business. They do NOT. Likewise, business partners and employees do not automatically have this right unless there …
Appointing Attorneys
When creating Lasting Powers of Attorney (LPA) via a local and professional Will Writer, the people you choose to act on your behalf are called your ‘Attorneys’. You must choose at least one Attorney, but there is no maximum number. However, too many attorneys could cause problems, especially if they are appointed “Jointly” as outlined …
Myths Related to Lasting Power of Attorney (LPA)
There are various common misconceptions about why Lasting Power of Attorney (LPA) may not be necessary. “I don’t Need LPA because my Next of Kin can make Important Decisions on my Behalf” Myth! Nobody can act or make decisions on your behalf if they have not been legally authorised to do so via the Office …
Lasting Power of Attorney replacing Enduring Power of Attorney – Devon Wills
You may have an Enduring Power of Attorney (EPA) in which you have appointed people you know and trust, or a professional, to act as your attorney. This may be to help you manage your affairs now or limited to allow your attorneys to make decisions for you in future if you lose the mental …
Lasting Power of Attorney replacing Enduring Power of Attorney – Devon WillsRead More
What Happens If you don’t have a Property & Financial Affairs Lasting Power of Attorney (LPA)?
What Happens if you don’t have a Property and Financial Affairs Lasting Power of Attorney? It is a common misconception that a Property and Financial Affairs LPA is only needed due to a serious accident, stroke, or even a degenerative condition such as Alzheimer’s. If you should lose mental capacity and there is no Property …
What is Power of Attorney? Devon Will Writer
Power of Attorney, or Lasting Power of Attorney (LPA) as it is also known, is the process of officially nominating a person or people to legally act upon your behalf if you subsequently cease to be able to make your own decisions for any reason, or if you subsequently choose and permit for such a …
Plans to Modernize the Power of Attorney System
Short but sweet this time. Please click the link to read a recent BBC article. https://www.bbc.co.uk/news/uk-57897609.amp Visit trfwills.co.uk for further guidance.