Lasting Power of Attorney
The Lasting Power of Attorney for Property and Financial Decisions does not take any powers away from the person granting the Lasting Power of Attorney, and can be effective once registered at the Office of the Public Guardian either whilst a person is compos mentis or only when a person is no longer compos mentis, at the choice of the person granting the Power.
The Lasting Power of Attorney for Health and Welfare Decisions would only ever be effective if a person was no longer compos mentis.
Granting someone a Power of Attorney ensures that if any unforeseen circumstances happen so that one is unable to take care of one’s own affairs then that person who has been appointed as the Attorney can then immediately deal with any requisite matters.
Completing Lasting Powers of Attorney is an extremely good form of insurance and will avoid any potential need in the future of having a Deputy appointed via the Court of Protection should one no longer be able to deal with one’s own affairs.
Our charges for creating a Lasting Power of Attorney document are £250-00 plus VAT and there is a Court fee payable of £82-00 upon registration of the Lasting Power of Attorney at the Office of the Public Guardian. The Court fee can be waived if you are in receipt of the guaranteed element of Pension Credit or we can apply for 50% off the Court fee should your income be less than £12,000-00 Gross per annum.
If you do wish to discuss Lasting Powers of Attorney in more detail (as you will appreciate there are many more facts to consider) please contact Carol Mason at firstname.lastname@example.org.