Now is the time to get one's affairs in order

Lynne Rowland

Lynne Rowland

Peter would require an independent witness to his signature and a Certificate Provider to confirm that he had capacity to make the LPA to appoint Jane. A Certificate Provider could be a professional such as a doctor or solicitor, or someone who has known him for two years.

The Office of the Public Guardian (OPG) require at least ten weeks to register LPAs and anyone intending to make such an appointment should start the process as a matter of urgency. 

The personal filing cabinet

There is no point in having documents in place if their existence and location is not known.

As well as sharing information about the whereabouts of important documents such as Wills, LPAs and life insurance policies, the contact details of any professional advisors is also sensible.

In today’s world, listing digital assets and providing passwords to cloud storage, emails and social media accounts is also essential and often overlooked. 

This is an unprecedented time for reflection, and although it may seem a daunting task, it is not impossible to update, implement and discuss life administration matters with family and advisors despite the social restrictions in place. 

Lynne Rowland is a tax partner at Moore Kingston Smith