Articles

  • March 2019
    The importance of the Lasting Power of Attorney

    Many people worry about what happens to their assets after they pass away - but what happens to your assets if you become incapable of managing your affairs during your lifetime?  Imagine the possibility that you have a stroke or the onset of dementia, will anyone be able to continue to pay your bills or collect your pension? Consider the possibility that you go into a care home and your property needs to be sold - who would be able to sign the conveyancing paperwork for you?

    Lasting Powers of Attorney (“LPA”) came into force on 1 October 2007.  The Property and Financial Affairs LPA replaced the Enduring Power of Attorney.   If you have an EPA you may wish to speak with us to ensure it still meets your needs today.  One of the main differences between the EPA and LPA is that the LPA can be registered straightaway, whereas the EPA is registered once the donor (the person who made the document) has lost, or starts to lose mental capacity.  This unfortunately would mean a delay in the Attorney being able to act for you.  Therefore you may wish to consider replacing your EPA with an LPA.

    There is also a Power of Attorney for Health and Welfare under which your attorneys can make decisions concerning your care, and may be able to give instructions in relation to life sustaining treatment. 

    LPAs are extremely powerful and it is important that legal advice is sought.  Our Jackamans’ Private Client team will be happy to discuss Powers of Attorney with you. If you would welcome an informal conversation over tea and cake about LPAs, we are holding an event at our Ipswich office on 3rd and 4th June.  https://www.jackamans.co.uk/news/lasting-powers-of-attorney-event

    This article provides only a general summary and is not intended to be comprehensive.  Special legal advice should be taken in any individual situation.

     

    back to articles...
Like most websites...
...Jackamans uses cookies in order to deliver a personalised, responsive service and to improve the site, we remember and store information about how you use it. This is done using simple text files called cookies which sit on your computer. These cookies are completely safe and secure and will never contain any sensitive information. They are used only by Jackamans and will not be shared with anyone else.
Read our cookies policy

how we use your information

This privacy notice tells you what to expect when Jackamans collects personal information.

visitors to our websites

When someone visits a www.jackamans.co.uk we collect standard internet log information and details of visitor behaviour patterns. We do this to find out things such as the number of visitors to the various parts of the site. We collect this information in a way which does not identify anyone. We do not make any attempt to find out the identities of those visiting our website. We will not associate any data gathered from this site with any personally identifying information from any source. If we do want to collect personally identifiable information through our website, we will be up front about this. We will make it clear when we collect personal information and will explain what we intend to do with it.

use of cookies by Jackamans

Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

the cookies we use

acceptance Cookie

When you accept cookies from our site we write a cookie called jm_c_opt_in to your machine. This stores your acceptance so that when you return to our site in the future you will not have to accept cookies again.

system cookies

A set of system cookies are used to store information allowing functionality. These include data relating to a users membership, such as log-in details, if the user has signed up to any memberships on the site.

Google analytics

We store analytics cookies on your computer as soon as you visit this site. We need to do this to collect information about how visitors use our site. We use the information to compile reports and to help us improve the site. The cookies collect information in an anonymous form, including the number of visitors to the site, where vistors have come to the site from and the pages they visited. These cookies are listed below:

_utma

_utmb

_utmc

_utmz

To opt out of being tracked by Google Analytics across all websites visit http://tools.google.com/dlpage/gaoptout.

cookie control

Most web browsers allow some control of most cookies through the browser settings. To find out more about cookies, including how to see what cookies have been set and how to manage and delete them, visit www.allaboutcookies.org.