Lasting Power of Attorney
Setting up a Lasting Power of Attorney (LPA) helps give you peace of mind that someone will be acting in your best interests should you lose your mental capacity.
A Lasting Power of Attorney allows you to appoint a person you trust to act on your behalf. There are two types of Lasting Power of Attorney, one relating to property and finance and the other to personal welfare.
Property and finance LPA’s give the attorney the authority to manage your assets in the same way you do, including paying bills, buying and selling property and looking after your investments. Personal welfare LPA’s allow the attorney to determine where you live, access your medical information and even be involved in decisions about your treatment.
We have experts on hand to advise on all matters connected with LPA’s as well as Will preparation and future planning.
How much does a Lasting Power of Attorney costs?
Our charges are £350 plus VAT for the preparation of each LPA plus there is a fee that has to be paid to the Office of the Public Guardian for registering the LPA – currently this is £110 for each LPA that is registered.