Lasting Power of Attorney
In the event you lose capacity, short or long term. An attorney can step in to assist with various elements of your day to day life when you cannot speak for yourself. Attorney such as this are appointed by documents, known as Lasting Powers of Attorney (LPA)
Health & Welfare
Day to day routine can be decided with an LPA
Financial & Property
Our key summary of each.
The Office of Public Guardian (OPG) authorises and controls all forms of Power of Attorney.
When documents are completed, the OPG register the documents for a fee, allowing for institutions and officials to verify the LPA and ensure they are dealing with the correct person if any need arises for an attorney.
It's important to note that whilst you're of sound mind, even with an LPA in place, nobody can make decisions for you unless you instruct them to.
LPA FAQ's
Why do I need an LPA?
Capacity loss can happen at any time. Whether a freak accident or steady health decline, losing mental capacity creates a trail of issues that can only be managed by those with the correct authority to act on your behalf. That authority is granted by an LPA
Who can be my LPA?
Anyone over the age of 18 who has mental capacity themselves. It's very common for it to be your partner, child or close relative. It's important you feel comfortable with the choice and that you trust the individual has your best interests at heart. You can name up to 4 attorneys.
Who shouldnt be my LPA?
Anyone who you may question or bring doubt into your mind about their intentions for your wellbeing as their most important concern. Anyone who can be easily influenced or is particularly vulnerable would generally not be a wise choice.
LPA's are one of the real foundation pillars of successful estate planning. The cost implications of having your family members try and act on your behalf without an LPA in place when a capacity loss strikes are expensive in both money and time. Pre-planning is essential to ensure that your loves ones can act when you need it most.
What does an LPA cost?
Typical Price Ranges
Health LPA
£200 - £499
Services levels vary, different providers offer full signing support and registration within the scope of their work.
Find out from your provider before committing to the work.
Financial LPA
£200 - £499
Services levels vary, different providers offer full signing support and registration within the scope of their work.
Find out from your provider before committing to the work.
Registration
£82 per LPA
This is the flat cost of registration for an LPA. It is applicable to all forms of LPA and is charged by the Office of Public Guardian. Many firms will pay this on your behalf but make sure it is a quoted part of the cost that's displayed to you.
You can fill, sign and register your own LPA documents, but be warned. If your documents are rejected due to inaccuracies, the fees are due each time they are submitted.