Interesting results from today’s Professional Practices Alliance polls:
- Only half of attendees have a will in place, despite the intestacy rules being a (too) blunt instrument for most partners’ affairs. Unmarried couples and those with second (or more) families are particularly exposed.
- A tiny fraction have LPAs.
- But attendees support the principle that firms and partners should engage and cooperate on planning for risks like partner illness, incapacity or death.
Thanks Stuart Smith for preparing these slides.