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When there is more than one executor

When there is more than one executor

A common question many clients ask is; in the scenario that more than one executor is appointed, should the executors act jointly or can they act independently?   If more than one Executor is appointed to act then they must act together as they will have equal...
Key considerations for a Business LPA

Key considerations for a Business LPA

As a business owner, it’s important to consider what would happen to your business if you were unable to make decisions. This may be if: you were abroad on holiday or for business you were to have an accident mental incapacity In such circumstances, who will authorise...
When your client’s should review their Will

When your client’s should review their Will

Here’s your checklist to follow when reviewing a client’s Will. A birth in the family. For example, a child or grandchild. Parents can also use their Wills to appoint legal guardians for their children and choose at what age the children should inherit. Getting...
The impact if a joint account holder loses capacity

The impact if a joint account holder loses capacity

It’s a common occurrence for individuals to have a joint bank account with a spouse, partner or adult child. This arrangement provides easy access for both parties to manage joint expenditure such as household bills. But there is a general misconception that when one...
The role of a Trustee

The role of a Trustee

When someone sets up a trust, they need to appoint people as trustees to manage the trust and its assets. The trust deed will usually include specific instructions about how to do this but there are some general legal duties that apply to the role as well. A trustee...