Two happy young boys

New Term – New Will

New Term – New Will   The kids have gone back to school, and parents around the country have heaved a collective sigh of relief. So, is now the time, do you think, to get some life admin sorted? New term – new Will? And then there’s Legal Power of Attorney to consider. With people having children later, many parents of young children are finding themselves part of the sandwich generation – a real and growing phenomenon. Many families these days are balancing caring for young children on one hand and looking out for ageing parents on the other. And […]

A smiling will writer

All about Lasting Powers of Attorney

All About Lasting Powers of Attorney The first thing to do here is to give you a simple definition of what a Lasting Power of Attorney (LPA) is. An LPA is a legal document. In it you appoint people – your attorneys – to act on your behalf in the event of your becoming physically or mentally incapable of managing your own financial affairs. Types of LPA It’s important that you understand the TWO different types of LPA. Type 1: Property and finance In brief, with the power that a financial LPA gives them, your attorneys can: • Buy and […]