Inheritance tax planning and lasting powers of attorney
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A property and finance lasting power of attorney (LPA) confers extensive powers on the attorney to deal with the financial affairs of the person granting the LPA (the donor).
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A person making a financial contribution towards a purchase of a property may have a ‘beneficial interest’, entitling them to a share of the sale proceeds.
With recent figures showing that “blended families” are on the rise, we take a closer look at partner adoption where people adopt their partner’s child.
