On 8 June 2018 three members of the Wills and Probate Department spoke to the friends and supporters of Age Exchange at The Old Bakehouse Theatre at the Age Exchange in Blackheath Village.
Kalpa Prajapati started the proceedings by welcoming everyone and then gave an informal presentation covering the benefits of making a Will, which included a warning of the possible problems that can arise when a person dies and there is no valid Will and how such an estate would be dealt with under the rules of intestacy.
This was followed by William Meakin who spoke entertainingly about the fairly dry and dusty subject of Inheritance Tax. He provided those who attended with all the relevant details about exemptions and allowances and even managed to make the topic interesting.
The final speaker of the afternoon was Rose Walker who spoke about Lasting Powers of Attorney and the benefits of setting these up. As she said in her presentation – making a Lasting Power of Attorney (and indeed a Will) is never urgent – until it’s too late! Also covered in this final short presentation was what happens when there is no Lasting Power of Attorney in place and an application to the Court of Protection is necessary.
The afternoon was a great success and ended with a lively question and answer session, which hopefully provided those who had queries with the appropriate and relevant information and guidance. This is something that we are keen to repeat in the future so watch this space for details of another similar event perhaps later in the year.
This is not legal advice; it is intended to provide information of general interest about current legal issues.