Property & Financial Affairs LPA
Allows your chosen attorneys to help manage matters such as:
- Bank accounts and savings
- Paying bills
- Managing investments
- Buying or selling property
- Dealing with pensions and benefits
Helping you plan ahead with confidence and giving your loved ones peace of mind.
A Lasting Power of Attorney (LPA) allows you to appoint people you trust to make decisions on your behalf if you become unable to do so yourself.
LPAs are not just for later life. Anyone aged 18 or over can put them in place, provided they have the mental capacity to do so.
Many people assume that their spouse, partner or children will automatically be able to manage their affairs if something happens to them. Unfortunately, this is not the case.
Without a Lasting Power of Attorney, your loved ones may need to apply to the Court of Protection for the authority to make decisions on your behalf. This can be expensive, time-consuming and stressful at an already difficult time.
Putting LPAs in place now gives you peace of mind that the people you trust will be able to step in if needed.
Allows your chosen attorneys to help manage matters such as:
Allows your chosen attorneys to make decisions about:
Both types of LPA must be registered before they can be used. A Property & Financial Affairs LPA can also be used while you still have mental capacity, with your permission, if the LPA allows it. A Health & Welfare LPA can only be used when you lack the mental capacity to make the particular decision.
Most people choose to put both types of LPA in place so that their chosen attorneys can make decisions about both property and financial affairs and health and welfare, within the authority each LPA provides.
| Service | Fee |
|---|---|
| Property & Financial Affairs LPA | £350 + VAT |
| Health & Welfare LPA | £350 + VAT |
| Both LPAs for one person | £600 + VAT |
| Mirror Property & Financial Affairs LPAs (for couples) | £450 + VAT |
| Mirror Health & Welfare LPAs (for couples) | £450 + VAT |
| Mirror LPA Package (all four LPAs for a couple) | £800 + VAT |
The fees above are exclusive of VAT and do not include Office of the Public Guardian (OPG) registration fees, which are payable separately to the OPG (see below).
Our legal fees include:
The Office of the Public Guardian (OPG) registration fee is payable separately and is not included in our legal fees.
The current OPG registration fee is £92 per LPA. This means:
Depending on your financial circumstances, fee reductions or exemptions may be available.
Many people view LPAs as something to think about later in life. In reality, they can only be made while you have the mental capacity to understand and sign the documents.
An LPA can provide reassurance that:
Not sure which option is right for you?
We offer a free 30-minute consultation by telephone or Microsoft Teams to discuss your circumstances, answer your questions and explain your options.
Tell us a little about what you need and we will contact you to arrange a free 30-minute consultation by telephone or Microsoft Teams.