I was asked for some advice recently by an Attorney who was acting on behalf of her mother, Marjorie, who no longer had capacity to manage her own affairs.
On World Alzheimer’s Day, make sure that all your affairs are in order before it’s too late. Preparing and registering a Lasting Power of Attorney comes at a fraction of the cost of applying for a Deputyship once capacity is diminished.
As T2 – the sequel to the 1996 blockbuster film Trainspotting – hit cinema screens at the end of January, a new generation were introduced to a world of drugs and addictions. The new film is set 20 years later and with the original cast in their original roles. Despite the structure therefore being the same, it was important for the director to update it.
Choice, a common theme in both films, means that you have a choice whether to keep your affairs in order and up to date. The Trainspotting characters choose to ignore the future and possible problems they might have, and to live life for the moment. But what should you do?
Since musician Prince passed away late last month, there has been increased press coverage of the fact that the multi-millionaire recording artist had not made a will prior to his death.
A quick search on the internet will reveal that each year in the USA approximately “$19billion is lost annually to fraud by criminals and abuse of trust by friends, family members, and paid helpers”. Whilst thefts from estates in this country are still relatively low, there are regular reports in the press about people being found guilty of stealing from the estate of someone who has died. This is one of the reasons we at Longmores are often appointed as a professional Executor, usually alongside a close member of the family, or a family friend.