News archive: February 2015

  • Posted on February 27, 2015
    In my day to day work , as a solicitor assisting people in planning for their futures I come across lots of families who are dealing , often , but not exclusively with elderly relatives who have lost mental capacity . It comes as an unwelcome surprise to them that even though they may be very closely related, that they have no legal authority to manage their relatives finances and that they will need to apply to the courts, which will take a minimum of 6 months and involves costs in excess of £1250, and that more importantly in the meanwhile their relatives finances are frozen. Sadly this is a position that thousands of families find themselves in every year, and many regret not setting up a lasting power of attorney.

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