The near-Dickensian language of a Will doesn’t half make the clarity of its contents harder to grasp, doesn’t it?
And then there’s LPAs, which come with limits that catch you out. Things like what an attorney can and can't gift, whether they can set up a trust, what happens if the attorney themselves loses capacity.
So if you’re prone to befuddlement – and, let’s be honest, who isn’t? – then tune into this conversation with Shaun Moore, Technical Specialist at Quilter.
Because Shaun joined us for a lunch-hour conversation that’s all about deciphering what wills and LPAs actually say.
But this isn't about which form to fill in or which portal to log into. It's a planning conversation about why these documents matter, what they can and can't do, and what paraplanners need to look out for.
And with pensions becoming vulnerable to IHT, and plenty of plans now out of date, this is the ideal time to revisit both documents.
So during this Assembly we covered
Watch or listen and you'll gain a clearer idea of the role of wills and LPAs so you can spot the planning opportunities.
We’ve listed useful links below, as well as all the places you can catch up on the Assembly. If you watch the Replay at Crowdcast, you can also see the very active Chat contributions posted throughout the session.
Watch in Crowdcast (with chat)
What if someone dies without a will?
Power of Attorney info for Northern Ireland
Article on charitable gifting and unused pensions
Article on deeds of variation covering setting up trust through a DOV
Technical guidance from Quilter
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