Lasting power of attorneys can still be “useful”, a senior associate at Blake Morgan has said of retired senior judge Denzil Lush’s comments that there is a lack of safeguards in the systems in England and Wales.
According to Mr Lush, people should be made aware of the risks of signing the legal document, which allows someone to make your financial decisions when you no longer have the ability to do so. Nearly 650,000 applications were made to register the document last year, and currently, 2.5 million are registered.