Powers of attorney — cross-border issues: Law Society guidance
With increasing numbers of people moving or owning assets abroad, clients are concerned about the 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 issued a useful practice note on this complex area of the law on 17 March covering the legal principles that apply, advising a client who is contemplating a move or investment abroad and when foreign advice and powers of attorney may be required…
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