Lasting Powers Of Attorney

Lasting Powers of Attorney are set up in your lifetime allowing you to appoint someone you trust to manage your financial and health decisions. They provide assurance that if you were unable to manage your own affairs there is someone who can legally make those decisions on your behalf.

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The Property and Financial LPA willallow you to appoint persons to manage your bank accounts, investments, business assets, your property and tax affairs. The appointment of your attorneys is effective with your permission or if were to lose capacity.

The Health and Welfare LPA will allow you to appoint persons to make decisions about what care you should receive, consenting to or refusing medical treatment on your behalf, and day-to-day matters such as your diet, clothes and daily routine. Attorneys can alsomake decisions about accepting or refusing life-sustaining medical treatment.The appointment of your attorneys is only effective should you lose capacity.

Lasting Powers of Attorney are an insurance policy. You hope to never use them but vital if things do go wrong. Without one, your loved ones would have to make an application to the Court of Protection to obtain a ‘deputyship’ which is a very lengthy and expensive process. Ultimately, it would be the court’s decision about who is appointed.

At Welland Valley Legal, we will discuss the legalities of the LPA, vary the standard documents to fit your circumstances and ensure your wishes are adhered to. Please download our LPA guide below for further guidance.

Do I need both types of Lasting Powers of Attorney?

Yes. By making both the Property and Financial and Health and Welfare LPA, all eventualities are covered.

What is the cost to make a Lasting Power of Attorney

LPA (single) - £385 + VAT

LPA’s (double) - £625 + VAT

LPA’s (x4 for married couple) - £985 + VAT

Attorney Advice - £275 + VAT

Please note these fees exclude disbursements.

Attorney Advice

If you are already an appointed attorney, then here at Welland Valley Legal we offer attorney advice to take you through your rights and responsibilities and guide you in what decisions you may or may not take. We will offer a fixed fee letter of advice to provide such advice and deal with any queries you may have.

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