A Lasting Power of Attorney (LPA) for property and financial affairs is a document that allows you to nominate another person to make decisions about your property and finances in the event that you are not able to do so yourself.
Articles by ‘James McNeile’
A woman who had been given control of her elderly mother’s finances by being appointed her attorney has been criticised by the Court of Protection after it emerged she was spending in excess of £250 a month on junk food. The daughter, who has not been named, was found to be bringing a huge quantity of cakes, biscuits, pork pies and other snacks to the nursing home.
Almost 60 per cent of London adults are yet to make a will, new research suggests.
Elderly people across the UK are facing a postcode lottery as regards councils paying for the cost of care.
A study has concluded that families are paying too much for relatives’ care “all too often.” Detailed research, carried out by the Local Government Ombudsman, found that in many cases families were being denied the information they need to make an informed decision about the best option for their loved ones.
It’s usually a very private topic that not many people want to think about, let alone discuss with others; that topic is death. And dying. And anything else in that morbid category usually left only to ‘industry’ professionals such as solicitors, accountants, doctors and funeral directors.
New figures have revealed that the Treasury earnings from Inheritance Tax (IHT) have jumped £400million in the space of just 12 months.
The number of people using a solicitor to write their will has risen over the past four years, new research has shown. According to the study, conducted by Will Aid, a clear majority of people still went to a law firm for assistance.
According to a recent study, as many as one in three UK adults would be willing to leave a charitable gift in their will, but a far smaller number actually make the arrangements to do so.
As the dust settles on the Summer Budget, experts are starting to pick over the details of the Chancellor’s shake-up of Inheritance Tax (IHT) laws.
Britain’s workforce has changed a great deal over the course of the past ten years and one of the most striking statistics is the growing number of people continuing to hold a job long after state retirement age.
There are growing concerns about significant changes to minimum wage legislation and the impact that this could have on a number of key sectors.