Professional Attorneys - Set Up, Annual Reviews & Professional Obligations

Introduction

This webinar will provide you with the tools to manage a client's finances, account for all funds, review their management and to fulfil professional obligations to the client, their firm and the SRA.

The webinar will help you to focus on the practical set up at your office and the ongoing supervision and reviews required.

What You Will Learn

This webinar will cover the following:

• LPA drafting and financial management structure:
• Drafting an appropriate and robust LPA
• Multiple attorney choices
• Safeguarding, accounting and charging provisions
• Professional obligations including terms of engagement and fees
• Standardised procedures and documents and managing workload for multiple LPAs and record keeping
• Annual training reviews
• First year set up:
• When and how to take control?
• Assessment of capacity to take decisions and best interests decision making
• Procedures for the first year's accounts
• Banking, investment and property management
• Establishing annual review procedures including keeping in touch with the donor
• Security of assets, information and documents
• Ongoing management:
• Annual accounting and document retention
• Supervision
• Reviews
• Consultation arrangements and record keeping
• Firm's obligations
• Your obligations to the donor
• Trouble shooting:
• Financial decision-making issues
• Old powers of attorney
• Getting out of your depth
• Family and friends concerns, disputes and conflicts
• Ending an attorneyship:
• Retirement from the firm
• Retirement from the attorneyship
• Donor's death and handover to the executors

This pre-recorded webinar will be available to view from Friday 5th December 2025

Alternatively, you can gain access to this webinar and 1,800+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.