If you state that your attorneys must act together then the Lasting Power of Attorney will fail if either attorney dies or loses the ability to manage your affairs. To plan for this you should consider nominating a replacement attorney who could take over. If you’re worried about losing the ability to manage your finances or who will make decisions about your welfare in later life, you may want to consider making a Lasting Power of Attorney. In England and Wales,barristersrepresent individuals or organisations in court, carry out research into points of law and advise clients on their case. Many are self-employed in chambers, while others work in government departments or agencies including the Crown Prosecution Service and Government Legal Service .
An EPA could be used before someone lost their mental capacity or after they lost their mental capacity once the EPA had been registered. Eversheds Sutherland Entities are … Read MoreRead More »