In Brief: Delegating power -When you are unable to make your own decisions
Thursday, 19 January 2017
An increasing number of Lasting Power of Attorney (LPA) registrations were filed in 2016. The LPA gives someone the power to manage another individuals affairs. This is used when a person has become mentally incapacitated, so that someone else can take care of financial preparations for retirement and later life.
« Return to news section
Please be aware these articles are for general information purposes only and correct at time of printing. We will
not accept responsibility for any errors made or actions taken by any readers that have acted on the information
contained. Answers given are for guidance only and specific advice should be taken before acting on any of the
suggestions made. All information is based on our understanding of current tax practices, which are subject to
change. Always remember when investing, past performance is not necessarily a guide to future performance and
the value of some investment units can fall as well as rise.
