The quiz on Sat 5th September 2020 was as below.
Test your knowledge
Winner receives £20 Asda voucher
Runner up receives £10 Asda voucher
Question
1/ Can an Attorney only make decisions on a Lasting Power of Attorney (property & financial) when the donor has lost mental capacity? yes or no?
2/ If your house is in Trust when you die and your children are the Trustees – do they automatically own the house on your death without the need to apply for a Grant of Probate? yes or no?
3/ Is it possible to leave your children unequal shares in your Will? yes or no?
4/ If you are married is Inheritance Tax paid when the first of the couple die? yes or no?
The answers were:
1/ no
2/ yes
3/ yes
4/ no