Farming and renewable energy – Interesting!
May 20, 2012
You may want to consider this and we would be happy to help with the legal aspects.
You may want to consider this and we would be happy to help with the legal aspects.
You may want to consider this and we would be happy to help with the legal aspects.
Let us know if you would like an introduction to Sophie Fisher at NatWest. kh@walkerfoster.com
Powers of Attorney (PoA) and Lasting Powers of Attorney (LPA) provide peace of mind that, should you become unable to make decisions yourself, a trusted person you have chosen will act on your behalf. They will be able to manage your affairs in line with your wishes, ensuring important matters are handled with care and responsibility.
When someone dies, everything they own - known as their estate - must be carefully managed and distributed in accordance with their wishes as set out in their will. This process involves not only passing assets to the chosen beneficiaries but also handling debts, taxes and legal formalities along the way. For many, this can be a daunting and emotional task, especially during a time of grief.
When a person dies, their estate will be administered by a person or persons named as ‘executors’ in their will, or, in cases where they did not leave one, by anyone who has the highest standing to do so (which largely matches the rules of who benefits under a so-called intestacy). These individuals are also called personal representatives (PRs).
When a dispute arises between two parties, it’s not as simple as going straight to court. Before formal legal proceedings can begin, there are pre-action conduct requirements that must be followed.
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