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That’s a great initiative! Keeping informed about Wills and Lasting Power of Attorney (LPA) is crucial for protecting assets and ensuring loved ones are cared for. Here are some recent updates:

• Advisers Warned on Wills & LPAs: Experts stress that failing to consider wills and LPAs when recommending later life lending products can lead to regulatory risks. Research shows that 30% of over-55s do not have wills, and 77% lack an LPA, which could leave families facing costly legal battles.
• Equity Release Brokers & LPAs: Brokers are urged to factor in wills and LPAs when advising on equity release deals. Without an LPA, families may struggle to manage finances if a loved one loses mental capacity.
• Legislative Changes to LPAs: Recent reforms aim to digitize the LPA process, making it faster and more secure. New safeguards include mandatory ID checks and streamlined registration to reduce delays and erro