Why a Lasting Power of Attorney could help you and your family

By providing useful guidance and up to date information we hope that our clients and potential clients will be able to make better, more informed decisions regarding their affairs. The Law Society and the British Banking Association in cooperation with a number of other key institutions have previously issued guidance to be considered where a customer may lack mental capacity. The guidance states that in the event that a bank or building society or any other financial institution have doubts about the mental capacity of a customer, they should take steps to safeguard that customer’s accounts. From experience, we are aware that this includes freezing that customer’s accounts apart from…