Cost of registering an LPA to fall significantly
The Office of the Public Guardian has announced that the cost of registering a Lasting Power of Attorney is to be significantly reduced from 1st April. An LPA allows you to appoint people to make decisions for you if you cannot make them yourself. They can avoid your family having to make a costly…
Ministry of Justice encourages people to plan for the future
The Ministry of Justice has launched a public awareness campaign to encourage people to plan for the future, in an effort to encourage the public to think about what might happen if they die or lose their mental capacity. They are particularly encouraging everybody between the ages of 25-50 to make a Will and create…
Lasting Powers of Attorney – a warning about Inheritance Tax planning
In a judgement on 30th October 2014, the Court of Protection has ruled that a Lasting Power of Attorney cannot be used to organise a Donor’s affairs to mitigate inheritance tax without first applying for a court order (the Donor is the person who created the Lasting Power of Attorney). The judgement was made in…