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Richard Burgess: "Gifts made for tax-saving purposes are unlikely to be considered in the donor's best interest and consequently should not be made without the permission of the court."
Lawyer Richard Burgess explores the strict set of rules applied to LPAs and gifting in his latest article for Professional Adviser
Lasting powers of attorney (LPA) allow someone, a 'donor', to choose someone they trust, their 'attorney', to make important decisions on their behalf if they cannot do so for themselves. These ...
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