UK:
Powers Of Attorney- Cross Border Issues. Law Society Guidance
15 April 2014
Withers LLP
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With increasing numbers of people moving or owning assets
abroad, clients are concerned about what kind of power of attorney
is required to allow an attorney to deal with foreign assets once
the maker has lost mental capacity to deal with matters themselves.
The Law Society has issued a useful practice note on this complex
area of the law on 17 March covering the legal principles which
apply, advising a client who is contemplating a move or investment
abroad and when foreign advice and powers of attorney may be
required.
Please click here to view the Law Society's
practice note.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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