LASTING POWERS OF ATTORNEY – UPDATED

LASTING POWERS OF ATTORNEY New forms for the creation and registration of Lasting Powers of Attorney were issued on the 1st July 2015. The new forms are for the most part a welcome development in simplifying the existing LPA forms. The introduction of the ability to register an LPA immediately […] Read more »

Lasting Powers of Attorney

In a welcome development the government has approved revised application forms for making and registering a Lasting Power of Attorney the new forms will be valid from 1 July 2015. The existing forms currently available to the public will continue to be valid for execution until 1 January 2016. Powers […] Read more »

MARRIAGE ALLOWANCE

The new Marriage Allowance for low income individuals will come into effect from 6 April 2015. Generally speaking an individual with an income of less than £10,600.00 per annum will now be able to transfer £1,060.00 of their personal tax allowance to their spouse (or civil partner) where the spouse […] Read more »

Leases and Guarantors

The “non-guarantee” The decision to grant a lease is often related to the availability of a guarantor. A failure to ensure that the guarantor is correctly bound by the lease or the inadvertent release of a guarantor from a lease can therefore have disastrous consequences for a landlord. In many […] Read more »

Rent Deposit Deeds

The purpose of a rent deposit in a commercial lease is simply to provide security for the landlord for the performance of the tenants obligations under a lease. In practice commercial rent deposits are often fraught with legal and practical complexities. Unfortunately in many cases where a tenant assigns a […] Read more »

Heads of Terms - Agreeing a Satisfactory Lease

The market, the parties and negotiating the lease The agreement of a satisfactory lease requires co-operation between landlords, agents and lawyers. The relationship between the client and the lawyer in the negotiation process is crucial and each should be “on the same page” with the other so that they may […] Read more »

Wills and Foreign Assets

Foreign property brings an additional layer of complexity to the making of a Will and general estate planning. In recent years the ownership of property abroad by British Nationals has become an increasingly common factor to consider in the preparation of a Will. British law allows a person to leave […] Read more »

Tax Planning and Lasting Powers of Attorney

In a recent decision the Court of Protection has confirmed that the authority granted by a Lasting Power of Attorney for property and affairs is not to be used as an instrument for Inheritance Tax planning for the donor’s estate. There is an allowance for gifts of reasonable amounts on […] Read more »

Recent Court of Protection Decisions

The Court of Protection has recently been called upon to make two decisions relating to fairly basic issues relating to the appointment of Deputies acting for persons who have lost mental capacity and communication between Deputies and other family members. The first decision related to the not uncommon situation of […] Read more »