Lasting Powers Of Attorney (LPAs)
LPAs are very powerful documents as they give legal authority to your attorneys to make decisions on your behalf if you have lost capacity to make the decision at the time the decision needs to be made. Attorneys are under legal duties to protect and enhance your understanding and to act in your best interests at all times.
An LPA for property and financial affairs can be used to carry out your specific wishes when you have capacity, for example if you are abroad and wish to sell your house or if you have a physical condition affecting your ability such as loss of sight or broken limb.
An LPA for health and welfare can only be used if you lack mental capacity to make a particular decision at a time the decision needs to be made.
We will take the time to take full details of your family circumstances and discuss the people you are able to appoint to make decisions about your property and financial matters and your health and welfare.
Choice Of Attorneys
Attorneys can be family members, more than one can be appointed, there are different ways in which they need to make the decisions and replacement attorneys can be named. The combination of your attorneys can be different in your financial LPA and your health LPA.
We will spend time discussing the ramifications of the appointments and how they will work in practice. We will advise you about the legal duties which bind your attorneys, including the duty to keep accounts, the rules about making gifts and the role of the Office of Public Guardian.
If you do not have anyone suitable to appoint as your attorney, in certain circumstances, Catherine Higgins may be able to carry out these duties. Solicitor-attorneys are under a very high duty of care and we would discuss the practical and costs implications to enable you to make a considered decision.
This area of work is carried out on a fixed fee basis and fees are agreed before work is undertaken. The cost making LPAs for finance and health is £600 + VAT. There is also a registration fee of £82 for each LPA making a total of £164. In other words, the total cost of making both LPAs is £884 (LPA + registration fee). (You may be exempt from the registration fee depending on your financial circumstances).
Our Service For You
Our team of solicitors has decades of experience in helping people in relation to Wills, Power of Attorney, Lasting Powers of Attorney, Living Wills, Deeds of Gift, Trusts, Estate, Intestacy, administration of estates and inheritance tax, Deeds of Variation and Court of Protection.
Naomi and Gaynor are dedicated solicitors and are fully accredited members of Solicitors for the Elderly.
By providing your details, you are happy to allow contact about your query from a solicitor at Catherine Higgins Law Limited.