If you are in Taunton or the surrounding area and are thinking about making a Lasting Power of Attorney, we are here to help.
It has never been more important to plan for your future. Making a Lasting Power of Attorney will give you the peace of mind that there is someone who will look after your affairs if you lose capacity during your lifetime.
To make a Lasting Power of Attorney call us on 01823 354545 or send an email to firstname.lastname@example.org to get the ball rolling.
Please be aware that many of the companies offering this service on the internet are not solicitors and are not local. They may offer cut-price rates, but you could be dealing with someone who is untrained, unqualified, uninsured and unregulated.
What is a Lasting Power of Attorney?
A Lasting Power of Attorney, or LPA, is a legal document which allows you to appoint Attorneys who will be able to make decisions on your behalf.
There are two types of Lasting Power of Attorney.
- Health and Welfare LPA
A Health and Welfare LPA allows you to name Attorneys who will be able to make decisions about your living arrangements, your healthcare and even your medical treatment. The Attorneys will only be able to act if you lose the capacity to make decisions yourself.
- Property and Financial Affairs LPA
A Property and Financial Affairs LPA allows you to name Attorneys to deal with your property and your financial assets if you lose mental capacity. You can also choose for your Attorneys to be able to make decisions whilst you still have capacity, provided they have your permission. This can be helpful where someone suffers an illness or spends time outside of the UK.
What happens if I don’t make a Lasting Power of Attorney?
If you lose mental capacity and you haven’t created a Lasting Power of Attorney, then nobody will have the legal authority to manage your affairs. Your spouse, partner or children may struggle to access bank accounts in your name or look after your property on your behalf.
If this occurs, it may be necessary for the person wishing to manage your affairs to apply to the Court of Protection to be appointed as a ‘Deputy’. This can be a lengthy process and can be very expensive.
How much does it cost to make a Lasting Power of Attorney?
Our charges for preparing a Lasting Power of Attorney and registering it with the Office of the Public Guardian are as follows:
One individual – one kind of LPA - £435 plus VAT and disbursements
One individual – both kinds of LPA - £485 plus VAT and disbursements
A couple – one kind of LPA - £635 plus VAT and disbursements
A couple – both kinds of LPA - £685 plus VAT and disbursements
We also offer a 10% discount if you also instruct us to prepare your Will at the same time.
Local Taunton solicitors
Our offices are conveniently situated on Bindon Road business park in Taunton, where we have ample parking. If you have mobility issues we can arrange to visit you at your home for a small additional charge.
Contact us today on 01823 354545 to discuss making a Lasting Power of Attorney. Alternatively, send us an email and one of our team will respond shortly.