Jemma Garside at Kingsley Napley: Considerations for Court of Protection and LPAs

Have you ever wondered about the ins and outs of the court system when it comes to managing assets? In this interview, we sit down with Jemma Garside, Senior Associate at Kingsley Napley to learn about the different roles within the court system in this space. Discover how power of attorney becomes a priority for business owners and the wealthy when it comes to asset decision-making, and how international aspects can impact family situations. Gain insights into allowances in these scenarios and understand the nuances between professional and layperson decision-making. Jemma also provides an inside look into the decision-making process, including the documentation of crucial aspects like gifting, overseen by deputies. Explore the criteria for involvement, referrals, and the profound impact of immigration on wills and overall wealth. Wondering about the future of the industry? We've got you covered. Expand your legal knowledge and stay informed. Don't forget to subscribe! 00:00 Interview with Jemma Garside, Senior Associate at Kingsley Napley 00:19 Tell us more about your client base and role at Kingsley Napley. 00:55 Can you explain the various actors and roles within the court system in this space? 02:17 Does a business owner or wealthy individual prioritise power of attorney for decision-making about their assets? 03:18 What occurs when there's an international aspect involved in a family situation. Can allowances be made? 03:53 Do Financial Advisors and other professionals typically have a good understanding of this area? 04:41 What's the distinction between having a professional or a layperson making decisions on your behalf? 05:48 How do you handle documenting the decision process, especially when laypeople are involved? Can you elaborate on the general decision-making process? 07:46 How are decisions like gifting, which the deputy oversees, documented? 08:54 Do you work with clients nationwide, or is your focus primarily on London? What criteria determine when you get involved with a client? 09:15 Do you receive referrals from other departments within Kingsley Napoli? Does the corporate team or other colleagues bring you in to handle specific areas? 10:21 Is immigration a factor that prompts people to update their will and consider other aspects related to wealth when moving to the UK? 10:45 Tell us about future developments in your field? Youtube Links: ▶ FOLLOW US HERE INSTAGRAM: https://www.instagram.com/pcdclub/ TIKTOK: https://www.tiktok.com/@pcd.club FACEBOOK: https://www.facebook.com/ClubPCD/ LINKEDIN: https://www.linkedin.com/showcase/hnw-advisor/ TWITTER: https://twitter.com/clubpcd/ #CourtSystem #ManagingAssets #PowerOfAttorney #InternationalAspect #FamilySituation #ProfessionalVsLayperson #FinancialAdvisors #ImmigrationImpact #Wills #Wealth #IndustryFuture #LegalMatters