Scarlett Musson: What's the most important item in your business toolbox?

Consider lasting powers of attorney

Scarlett Musson: "Client education, as ever, is key – not only in the sense of demonstrating the usefulness of LPAs, but also in explaining the traps in the process."
Scarlett Musson: "Client education, as ever, is key – not only in the sense of demonstrating the usefulness of LPAs, but also in explaining the traps in the process."
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It is well worth being familiar with the purpose and benefits of the LPA, argues Scarlett Musson, even if it might not be the first thing advisers think of when stocking their financial services toolbox

The answer to the question posed by this article's headline is probably the same as that for a real toolbox - in other words, it depends on the task at hand. What is important is having a broad enough...

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