We understand some of the most important decisions in our lives may need to be made at a time when we are unable to do so because of illness, age or some other reason. There are ways in which you can appoint someone you trust to act for you should you lose mental capacity.
Lasting powers of attorney
An LPA is a document which authorises someone you trust to make financial and health decisions if you are not able to do so. You can appoint different people to deal with your finances from those that you appoint to deal with your health. You can have LPAs for “health and welfare” and a separate LPA for your “finances and property.”
The LPAs are registered with the Office of the Public Guardian which regulates powers of attorney. It is possible to change your LPAs during your lifetime if your circumstances change.
The benefit of an LPA is you choose who decides what happens so you have retained an element of control over your future including releasing funds which may be required for your care.
Our fees for the preparation of these documents are:-
One LPA £350 plus VAT
Two LPAs £450 plus VAT
If you and your spouse/partner both want to make LPAs we charge £850 plus VAT for two people for two LPA’s and £750 plus VAT for both only have one LPA each.
In addition there will be a fee payable to the Office of the Public Guardian of £82.00 per LPA filed.
Court of Protection
The Court of Protection is a court which can make decisions on financial or welfare matters for individuals who are unable to make an important decision themselves and where, for example, there are no LPAs.
At Trueman’s Solicitors & Advocates, we help individuals and families to sort things out in what can be difficult circumstances