Our Wills, Probate, Tax and Trusts Legal Hour is hosted by Sarah Browne, Principal Associate in our Wills, Probate, Tax and Trusts department.
If you require further help regarding Wills, probate, tax and trusts, please phone us on 01279 755777 or contact Sarah Browne directly.
Our Wills, Probate, Tax and Trusts Team will be hosting the Nockolds Legal Hour on the following dates:
|Wednesday 24th October 2018 ||12pm - 1pm |
|Wednesday 5th December 2018 ||12pm - 1pm |
|Wednesday 30th January 2019 ||12pm - 1pm |
|Wednesday 13th March 2019 ||12pm - 1pm |
|Wednesday 24th April 2019 ||12pm - 1pm |
|Wednesday 5th June 2019 ||12pm - 1pm |
Our Latest Legal Hour Questions (24/10/18) Read your previously answered questions here
I have been considering making a Lasting Power of Attorney but my husband and I own all our assets jointly and so I don’t think we need this until one of us has died. Is this correct?
No, we would recommend that you each have a Lasting Power of Attorney in place in any event. The reason for this is that if one of you were to lose your mental capacity for any reason, then if the other wished to move house for example, they would not be able to sell the jointly owned home without proper authority, such as a Power of Attorney, in place. Each bank also has its own regulations where a joint account holder becomes incapacitated and some have a policy of freezing the accounts. We would therefore recommend that you have Powers of Attorney in place.