STEP has announced that the Office of the Public Guardian (OPG) is changing its guidance in relation to the inclusion of express discretionary investment management clauses in Property and Financial Affairs Lasting Powers of Attorney (LPA's).
Contrary to popular belief, your individual assets (whether obtained before marriage or during) may be taken into consideration as part of the ‘marital assets/pot’ for the purposes of financial provision on marital breakdown.
The Office of the Public Guardian have recently published their updated safeguarding guidance and our Court of Protection team have created a useful summary below.
It is vital that where possible, parties try and amicably come to an agreement as to the division of finances on divorce. The new divorce law under the Divorce, Dissolution and Separation Act 2020 is widely being referred to as ‘No Fault Divorce’.
We've strengthened our Clinical Negligence and Personal Injury offering, as we welcome Nick Stojanovic, Associate and Ian Miles and Claire Exelby, Litigation Executives, to our Leeds office.