2020 gives marketeers a field day with puns around vision, yet unfortunately no one can really predict what will happen this year.
20 years ago, the 20 year challenge if you like, public and private services were obsessed with the Y2k virus where bedlam was anticipated as the calendar moved from 1999 to 2000, but computing armageddon didn’t occur.
We do know that certain things will happen this year if the General Election result is anything to go by and that the UK should leave the EU this year, given the government majority. I’ve got my own views on this but they’re not relevant to my business which is legally preparing you for your future in 2020 and beyond.
Lasting Powers of Attorney
Lasting Powers of Attorney (LPAs) in English law were created under the Mental Capacity Act 2005, and came into effect on 1 October 2007. The LPA replaced the former enduring powers of attorney (EPA) which were narrower in scope. Their purpose is to meet the needs of those who can see a time when they will not be able – in the words of the Act, will lack capacity – to look after their own personal, financial or business affairs. The LPA allows them to make appropriate arrangements for family members or trusted friends to be authorised to make decisions on their behalf. The LPA is created and registered with the Office of the Public Guardian (OPG), an executive agency of the Ministry of Justice of the United Kingdom.
I’ve written extensively about these before but I would emphasise that with dementia becoming a common condition and people living longer, LPAs are something you should consider putting in place this year.
In 2018 (not that long ago) people lost £8 million in inheritance because wills were not in place. You can read that post here. Like LPAs, a will should be a priority for you this year and I do offer home visiting services to facilitate this for you across Yorkshire and Lincolnshire, from my base in Sheffield.
You can contact me via email, Facebook, directly on my mobile or by completing the Contact Form here.
I’ll finish this update with an explanation of 20/20 vision:
20/20 vision is a term used to express normal visual acuity (the clarity or sharpness of vision) measured at a distance of 20 feet. … If you have 20/100 vision, it means that you must be as close as 20 feet to see what a person with normal vision can see at 100 feet.