A Lasting Power of Attorney (LPA) is a legal document that allows someone to make decisions for you, or act on your behalf, if you're no longer able to or if you require assistance in making decisions.
Putting in place a power of attorney can give you peace of mind that someone you trust is in charge of your affairs.
If you're aged 18 or older and have the mental ability to make financial, property and medical decisions for yourself, you can arrange for someone else to make these decisions for you in the future.
The person who is given power of attorney is known as the "attorney". They must be over 18 years old and must not be bankrupt or subject to a debt relief order. You are known as the "donor".
Consulting a professional is the best way to make sure a lasting power of attorney is properly set up and registered, and that it is in the best interests of you, the donor. Contact our team with any further questions or to start making arrangements.
Types of LPA
There are 2 types of LPA:
health and welfare
property and financial affairs
You can choose to make one type or both. We will send you two certified copies of each LPA for you to give to your Attorneys when you wish to do so.
Health and welfare
Use this LPA to give an attorney the power to make decisions about things like:
your daily routine, for example washing, dressing, eating
moving into a care home
This can only be used when you’re unable to make your own decisions.
Property and financial affairs
Use this LPA to give an attorney the power to make decisions about money and property for you, for example:
managing a bank or building society account
collecting benefits or a pension
selling your home
Once registered with the Office of the Public Guardian, it can be used immediately or held in readiness until required.
A singular LPA costs £495 plus VAT and a double LPA costs £695 plus VAT. Both types of LPA for two people would be a cost of £995 plus VAT.
There is an additional £82 plus VAT registration fee per document.