I keep advocating for the importance of Lasting Powers of Attorney (LPAs), and one notable instance underscores the challenges faced by Kate Garraway during her husband's hospitalisation due to Covid-19.
Kate Garraway highlighting the problems caused by the absence of lasting power of attorney, while matters are already emotional and complicated:
“One of the practical problems – which a lot of people would’ve experienced if they’ve got the absence of someone in their life – like many things the car is entirely in Derek’s name, the insurance in Derek’s name, a lot of our bank account.
There are a lot of financial outgoings that I’ve talked about… which is making life very complicated because I can’t get access to things… because legally I haven’t got power of attorney.”
Regrettably, Derek, aged only 56, passed away in January 2024.
Despite her personal hardships Kate Garraway is set to host the sixth annual Probate Industry Awards in April 2024. I am hopeful that having a celebrity host with personal experience dealing with LPAs and probate will help raise awareness among the general public about the importance of Lasting Powers of Attorney, the awards serving as a platform to raise awareness about the importance of having LPAs in place, as there really is a critical need for individuals to consider and establish these arrangements for their financial and legal well-being.
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The information provided in this article is not intended to constitute professional advice and you should take full and comprehensive legal, accountancy or financial advice as appropriate on your individual circumstances by a fully qualified Solicitor, Accountant or Financial Advisor/Mortgage Broker before you embark on any course of action.
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