From personal experience of dealing with my parent affairs, including the last few weeks of my father's life just recently, an LPA has been a godsend to enable much simplification of his affairs, and effect some transactions which did two things: - 1. release cash from illiquid assets in case funds were needed to pay for expensive treatment and 2. transfer funds so they were outside the realm of IHT when he died.
Certainly 1. was successful and hopefully the advice from the accountants was spot on regarding No.2.
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