Lasting Power of Attorney

A legal document that allows you to appoint someone you trust to make decisions on your behalf if you lose the ability to manage your affairs through an accident or ill health.

Important News - Under a new Government scheme, those who registered a Lasting Power of Attorney between 1st April 2013 and 31st March 2017 could be entitled to a partial refund of fees paid!

Why is the money being refunded?
When you register a Power of Attorney you’re charged an application fee (unless you’re exempt from paying). This fee is set by the Ministry of Justice and you pay it to the Office of the Public Guardian.

Between 2013 and 2017 the operating costs of the Office of the Public Guardian decreased. However, the standard application fee was £130 per registration until 1st October 2013 and then £110 until 1st April 2017. The fee is supposed to cover operating costs only and as such the Government’s now repaying the difference between the amount applicants paid and what they should have paid, including interest.*

As well as applicants, if you’re an attorney or executor, dealing with the affairs of someone who had registered a Lasting Power of Attorney within this period, you could also be entitled to a partial refund.

Want to know more? Contact us and we can go through the steps to claim back any over payments.

*From 1st April 2017 the application fee for registering a Power of Attorney was reduced. If you applied after this date you would have paid the reduced fee at the time and are unable to claim a refund.

Without a Lasting Power of Attorney (LPA) in place, if you lose capacity your family would need to apply to the Court of Protection, which is a time-consuming and costly process. There are two types of Lasting Power of Attorney, Property and Financial or Health and Welfare.

What is a Property and Financial LPA?

This allows you to choose one or more persons to make decisions about your money or property on your behalf. This includes fulfilling important tasks such as paying bills, writing cheques, transferring money, receiving salaries, arranging for the upkeep of your property or selling your home.

What is a Health and Welfare LPA?

Allows you to appoint one of more persons to make decisions regarding your medical care, moving into a care home, your daily routine (e.g. eating, taking medication) and refusing life-sustaining treatment. Unlike the Property and Financial Affairs LPA it can only be used once you have lost the ability to make your own decisions.

Create your LPA Online

As a Trust Inheritance customer you have exclusive access to the new online Lasting Power of Attorney service. This means you are able to create an LPA by completing a simple form online.

Don’t worry, we’ll still be on hand if you need us and we’ll even give you a call at the end to make sure you are happy with everything.

For more information, either send us an enquiry, speak to us on live chat or fill out our short questionnaire “How Much Help Do I need to Prepare a Lasting Power of Attorney?”.

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