Lasting Powers of Attorney: making donors and now (some) attorneys’ lives easier

06/08/2020

The Office of the Public Guardian, the body that oversees the registration and management of Lasting Powers of Attorneys has launched a new online tool, which is set to make attorneys’ lives much easier. The new “use a lasting power of attorney” digital tool is designed to simplify the process whereby an attorney notifies financial institutions and care providers of their appointment. Previously, if an attorney wished to register the donor’s LPA with a bank, it would involve either visiting the bank to show a solicitor certified copy of the LPA or this official copy would have to be sent to the bank by post and then logged onto their system. This was a time consuming system, which could take several weeks to complete.

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Make sure you get your Happy Ever After

30/07/2020

The easing of lockdown continues and, from 1 August 2020 in England and Wales, wedding receptions of up to 30 people will be allowed. You may, therefore, be thinking that now is the time to go ahead with those delayed nuptials (well, if it is good enough for Princess Beatrice…) but have you thought about the effect of marriage (and divorce, for that matter) on your Will?

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Lights, Camera, Attestation?

27/07/2020

The government is introducing legislation to allow Will signings to be witnessed over video calls. This is a huge step for those who are shielding and self-isolating, meaning that at last they can see their final wishes implemented without having to put themselves at risk.

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Bypass Trusts

24/07/2020

In April 2015, the Government introduced “pension freedoms” allowing people to take as much of their personal pension pot as they liked in one go (subject to certain restrictions) and to nominate those who would benefit from the pension after their death. Many people thought this change also spelled the end of the spousal bypass trust. The bypass trust arrangement sees the pension pot pass into a trust following your death to be dealt with thereafter by your chosen trustees. However, the bypass trust arrangement might still be the right option for you as it provides an element of control over the payment of pension death benefits after your death.

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Wansbroughs Solicitors retains their Lexcel Accreditation recognising excellence

16/07/2020

Wansbroughs are delighted to pass their annual Lexcel assessment, which recognises that they meet high quality standards and are committed to legal excellence.

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Value Added Solicitors

16/07/2020

Why bother spending money on a solicitor? If you’ve got the time and the inclination, can you not just save the money and get it done yourself? Well, maybe you can but then again is there a value to instructing a solicitor? Let’s consider a few examples: • A relative has died, you can do the paperwork and deal with the estate and save yourself the legal fees. Well, aside from the fact that you may well have got more enjoyable ways to spend your time, a solicitor can offer expert advice and potentially claim exemptions and reliefs from inheritance tax that you did not even know exist.

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