“I don’t think I need a Lasting Power of Attorney yet – I’m not that old and my health is fine!”
We hear this a lot! People automatically associate Lasting Powers of Attorney with conditions like dementia but the truth is that anything could happen to us at any time, taking away our ability to make decisions or communicate our wishes. Make sure you’ve chosen the right people to speak for you, just in case.
If you’re looking for a Lasting Power of Attorney for someone else (such as an elderly parent), we would need to speak with them directly. That person should be able to have a conversation about what they want and the reasons why. If that’s going to be a struggle, there are still things that can be done (like a Court application called a “Deputyship”) but the process is different. Please contact us to find out more.
There are two types of Lasting Power of Attorney:
- Financial: Allows your chosen people to pay bills, access bank accounts, manage pensions, and deal with your house. It can also include running your business.
- Health: The focus here is much more personal as it includes making medical decisions, choosing care providers, and having a say on life-sustaining treatment.
You can choose to have one type of Lasting Power of Attorney or both types. Our fees are:
VAT is payable on the fees quoted, at a rate of 20%. The paperwork needs to be registered at the Office of the Public Guardian and their fee is an additional £82 per Lasting Power of Attorney.