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Martin Lewis Urges Crucial Legal Document Over Will
Developing
In Short: Money Saving Expert founder Martin Lewis has urged everyone to pay for a Lasting Power of Attorney (LPA), which he believes is 'more important than a will.
The Independent explains that while starting the conversation can feel uncomfortable, making these arrangements early remains a crucial step.
An LPA is split into two legal documents: the Health and Welfare LPA and the Property and Financial Affairs LPA.
What's still developing
- Money Saving Expert founder Martin Lewis has even urged everyone to pay for a lasting power of attorney that he believes is “more important than a will”.
- Here is everything you need to understand about establishing this crucial legal safeguard.
- “People don’t want their parents or loved ones to think they’re after the money, but that document also allows them to apply for benefits that they may need.” “People think their spouse or next of kin can help, but your finances cannot be accessed and your house cannot be sold,” she says.
- Tamil Nadu chief minister C Joseph Vijay has ignited a political storm by alleging widespread, organised corruption within the opposition DMK during its previous rule, citing crucial Enforcement Directorate documents.
- Citing Enforcement Directorate documents, the chief minister listed alleged corruption during the previous DMK regime in the municipal administration department and in the state government-run liquor behemoth TASMAC.
- Reading from ED documents, the CM alleged that contractors executing projects under the Municipal Administration and Water Supply Department were allegedly forced to pay commissions ranging from 7.5 to 10 per cent of the total contract value.
Sources
- Redifflink