Have you thought about who would manage your money, property, collect your benefits and pay your bills if you were unable to do so?
If you do not have appropriate arrangements in place and lose mental capacity to make decisions for yourself, your family will not have access to your finances or to make decisions on your behalf, without obtaining a court order from the Court of Protection.
Applying for a court order can take up to eight months and your family would not have access to your finances in this time, which is where Lasting Power of Attorney comes in.
There are two forms of Lasting Power of Attorney – heath and welfare and property and financial affairs. You can choose to have one or both types, however it must be registered with the Office of the Public Guardian by either you or a solicitor before it can be used.
You can nominate somebody else you trust to be notified before the Lasting Power of Attorney is registered so they have the opportunity of raising any concerns.
Lasting Power Of Attorney Solicitor
At Terrells LLP, we can help you through the process of getting a Lasting Power of Attorney in place. From choosing your Appointee to the registration stages, we seek to make this process seamless.
You can appoint more than one person to make decisions on your behalf. Also, nominating someone if for any reason your chosen attorney is prevented from acting on your behalf, in the following circumstances:
Loss of mental capacity
Diagnosed with dementia or Alzheimer’s
Accident and severe injury
Long-term hospital stay
Go abroad for long periods
Not capable of dealing with matters on your own as you get older
Related Expertise
Why Choose Us?
We are very experienced in matters relating to Lasting Powers of Attorney and our expert team of solicitors will offer their support and advice when completing the document.
We are fully regulated by Solicitors Regulation Authority and Members of Resolution, the UK Family Law Association.
Lasting Power of Attorney FAQs
Our fees for Lasting Powers of Attorney (LPAs) are as follows: –
- 1 LPA is £500.00 plus VAT* plus £82.00 registration fee payable to the Office of the Public Guardian for one LPA
- 2 LPAs are £750.00 plus VAT* plus £164.00 (£82.00 per LPA) registration fee payable to the Office of the Public Guardian for two LPAs
- 3 LPAs are £1,000.00 plus VAT*plus £246.00 (£82.00 per LPA)registration fee payable to the Office of the Public Guardian for two LPAs
- 4 LPAs are £1,250.00 plus VAT* plus £328.00 (£82.00 per LPA) registration fee payable to the Office of the Public Guardian for four LPAs
*Please note that there is an additional fee of £100.00 plus VAT per home visit, if required
While it is not a legal requirement to use a solicitor, we would always recommend seeking legal advice to make sure the process is completed accurately to ensure validity.
Property and Financial Affairs LPA: This allows the attorney to make decisions about the donor’s finances, property, and assets.
Health and Welfare LPA: This grants the attorney authority to make decisions about the donor’s healthcare, living arrangements, and other personal matters.
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