Lasting Powers of Attorney

Lasting Powers of Attorney

This service can be arranged at the same time as drawing up a Personal Injury Trust. A Lasting Power of Attorney is a document under which your can appoint someone to look after their property/finances outside their Personal Injury Trust (such as personal bank accounts or other assets which have not come from your personal injury award and so do not fall within your Trust).

Why a Lasting Power of Attorney can be vital

If you become mentally or physically incapable, even though you may be married, a spouse may still need a Court Order to enable them to sign on behalf of the incapable person if they do not have a Lasting Power of Attorney. Terms are agreed individually according to need.

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Set out below is a suggested budget representation on the impact of SDLT and ATED on co-operative societies.

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