Creating an Enduring Power of Attorney (EPA) is an important step in planning for the future, particularly if there is a possibility that you might lose the ability to manage your personal or financial affairs due to illness, injury, or cognitive decline. In Ireland, an EPA allows you to appoint one or more trusted individuals … Read more
The President of the High Court has issued a guidance note regarding the issue of vaccination of wards of court and intended wards of court. Remember: a ward of court may lack decision making capacity. Firstly, vaccination of all wards of court against covid-19 should be carried out using the same procedure used for the … Read more
The Land and Conveyancing Law Reform Act 2009 (‘the Act’) made significant changes to trust law in Ireland. This act replaces the Settled Land Acts 1882-1890. Section 18 of the Act provides that a trust of land arises in certain circumstances such as where land is Limited by way of succession (a strict settlement) Held … Read more
A bare trust, also known as a simple trust, is a tax efficient way to provide a nest egg for a minor. And can provide an excellent way to make provision for the cost of 3rd level education when the child turns 18. What is a bare trust? When the ownership of an asset is … Read more
Have you an elderly parent or loved one? Perhaps you yourself have thought about creating an enduring power of attorney to make provision for a day when you become incapacitated. If so, the need for a power of attorney may arise at some stage. A power of attorney is a legal document which allows a … Read more