Innes Wills & Estate Planning in Leeds

Innes Wills & Estate Planning in Leeds

28 Park Square West   |   Leeds   |   West Yorkshire   |   LS1 2PQ

e: sminnes@inneswills.co.uk

t: 0113 238 4530

m: 07767 426212

 

 

Institute of Professional Wllwriters

Innes Wills & Estate Planning - Wills, Probate and Tax Planning

What other services do we offer?Innes Wills & Estate Planning - Wills, Probate and Tax Planning

Innes Wills & Estate Services offers the following other services that are related to the provision of Wills, Probate and tax planning:-

What are “Living Wills” and do I need to make one?

Living Wills (or “Advance Directives” as they are sometimes called) are NOT normal Wills – they are documents setting out what you would like to happen in the event that you become incapable of taking responsibility for your own healthcare. You might want to prepare a Living Will in case you are suddenly incapacitated - this could be as a result of suffering a major accident or illness, placing the burden of responsibility for your wishes on your nearest family and friends. The Living Will states what specific measures should be taken if such an incapacity occured at any time in the future i.e. consenting or refusing certain types of medical treatment aimed at the preservation and prolonging of a person’s life. Under the current legalisation, there is no legal recourse if the doctor who is caring for you decides to ignore your wishes as Living Wills are not yet legally binding.  However, it is on the cards that this may change in the near future, and it is better to write such a document now rather than to have prepared nothing at all, particularly as people recognise that Living Wills are becoming increasingly popular and common place.

What are Enduring Powers of Attorney and aren’t they same as “powers of attorney”?

Few of us remain physically and mentally happy forever.  One of the worries of growing older is that incapacity becomes more likely – and of course illness or accidents can occur at any age.

An Enduring Power of Attorney (or EPA as they are often referred to) appoints an Attorney, or Attorneys, of your choice to deal with your own financial affairs i.e. access bank accounts, pay bills, etc, if you are or are becoming mentally incapable of managing these affairs yourself.  It is entirely up to you as to whether you give your Attorney wide powers to manage your financial affairs or limit these powers to deal with only specific financial matters.  Making an EPA does not mean losing control over your own affairs as you can cancel the power at any time prior to the document being registered if you wish. 

An EPA is not to be confused with general powers of attorney.  Unlike a general power of attorney, the powers given to an Attorney under an EPA do not cease when the person who made the power becomes or is becoming mentally incapable of managing their own financial affairs.

If someone who has not made an EPA loses the mental capacity to do so and becomes incapable of handling their own affairs, this may mean that an application has to be made to the Court of Protection (see below) to appoint a Receiver.  This is a time consuming and costly procedure, best avoided if possible.

When is Court of Protection work necessary?

Court of Protection work is directly linked to Enduring Powers of Attorney.  If the person who has made the EPA (the donor) is or is becoming mentally incapable of managing their own affairs, then the appointed Attorney has a duty to register the power with the Court of Protection.Innes Wills & Estate Planning - Wills, Probate and Tax Planning

In addition, if a person has not made an EPA and is or is becoming mentally incapable of managing their own affairs, then the only alternative is to apply to the Court of Protection to appoint a Receiver who will carry out the same type of role as an Attorney would.  However, this route should be avoided if at all possible as it is complicated, time consuming and expensive.

Innes Wills & Estate Services are only too pleased to help and assist you in any way they can regarding the above services so please feel free to contact us if you have any questions or queries.

     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
Innes Wills & Estate Planning, Leeds 0113 238 4520

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