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 13th December 2017 ||12pm - 1pm |
|Wednesday 14th February 2018 ||12pm - 1pm |
|Wednesday 28th March 2018 ||12pm - 1pm |
|Wednesday 9th May 2018 ||12pm - 1pm |
|Wednesday 20th June 2018 ||12pm - 1pm |
Our Latest Legal Hour Questions (13.12.17) Read your previously answered questions here
My father has recently gone into a care home and I am managing his finances for him through online banking. I have been told that I need to get a Lasting Power of Attorney in place, is this correct?
You should have a Power of Attorney for Property and Finances in place if you are dealing with somebody’s affairs on their behalf. Although you are managing to access online banking currently ,if you need to deal with any of your father’s other assets, or if circumstances change regarding the bank account, the institutions will require a Lasting Power of Attorney in place before speaking to you, and so it is better to put this in place sooner rather than later. It will need to be your father that makes the decision regarding putting the Lasting Power of Attorney in place, and he would still need to have the necessary mental capacity to do this.
We would be happy to assist your father in putting a Lasting Power of Attorney in place and so if this is something he would like to discuss, please contact us. There are also Lasting Powers of Attorney for health and welfare decisions and so your father may also wish to consider whether this is something he would like to put in place.
If somebody no longer has the necessary capacity to make a Lasting Power of Attorney then an alternative is a Deputyship Order, where you apply to the Court to be appointed to act on their behalf.