Lasting Power of Attorney
Another issue to consider, while you’re thinking ahead, is whether you want a Lasting Power of Attorney (LPA).
An LPA is a legal document that determines who deals with either your finances or your personal welfare should you lose mental capacity. Again, this isn’t a topic that people particularly want to think about but an LPA can give you peace of mind.
An LPA works by you appointing people you trust to have control over either your finances or your personal welfare once you lose capacity to make decisions for yourself. They cannot do this until the LPA has been registered with the Office of the Public Guardian so there are safeguards against someone ‘jumping the gun’. We will advise you on who your attorney(s) might be and how to exercise control even after you have lost capacity.
As well as drawing up the power we can act as certificate provider if you so wish (which means that we can certify that you have capacity at the time of making the LPA) and we can arrange for it to be registered with the Office of the Public Guardian.
£80 for a simple LPA
£30 to act as certificate provider
In addition, there is a £110 fee, payable to the Office of the Public Guardian, when you register the LPA.