The article authored by Tom Evans, titled 'Mental Capacity and Crochet', has been re-tweeted by the Secret Barrister to over 200,000 followers and has now been published on the Justice Gap legal blog.
The article can be found here: https://www.thejusticegap.com/capacity-and-crochet-unpicking-the-truth-of-mental-capacity-and-the-law/
The article is the first in a series of 'Deputy Diaries' which will address many of the issues encountered by the Court of Protection ('COP'). The Vantage Law legal blog will host all upcoming articles and also provides a space for professionals, practitioners and users of the COP to share their experiences.
The Vantage Law blog can be accessed at https://www.vantage-law.co.uk/
Spend more money — the most ignored piece of financial advice
An FT poll of financial advisers has found many are frustrated at wealthy clients for not bothering to make a will or lasting power of attorney – if they do it’s a cheap one unfit for purpose. Nigel Jones of JMD Law said an LPA, can be worth its weight in gold against the costs of having to apply to the Court for a Deputyship Order for someone to have the authority to look after your finances and property if you suffer dementia.
Probate fee changes to hit bereaved families
Some 230,000 families a year will be forced to hand back financial support received after the loss of a loved one to pay for higher probate fees planned by the Government. Nigel Jones of JMD Law believes that parents of younger children are the most disadvantaged by the changes, adding: “Estates need probate, even when the spouse is the beneficiary, so it really is a tax on the bereaved.”
Assets not split equally
It has been reported that only half of over-55s split their estate equally, with growing numbers basing their decision on personal factors such as how well a person treated them during their lifetime. One in 10 also give some family members less money than they do others because they are wealthier, as they wish to help out those with financial difficulties.
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