To enable your affairs to be managed by someone you trust if you are no longer able.
This might be either loss of mental abilities through dementia or stroke (for example) or physical problems or a combination of the two.
Why is it important?
It might be difficult for others to assist you without this provision in place.
1. Property and Financial Affairs – Manages bank accounts, bills etc etc
2. Health and Welfare – Enables decisions about medical treatment.
Each type is separate and they have to be completed and paid for individually. Most people just have the Property and Financial Affairs.
The Lasting Power of Attorney is a legal document and falls under government legislation and is administered by the Office of the Public Guardian (OPG)
There are two parts to the process.
1. Completing the main forms which sets up the LPA
Although its recommended to complete both processes at the same time they can be done separately and there can be a large gap between the two.
If you decide to complete the forms and register at the same time it takes about 8 weeks to complete.
Parties to the LPA.
1. The Donor (the person giving the authority)
2. The Attorneys – suggest at least two
3. The certificate provider(s) – (can be me)
4. Someone to be notified when its registered
There is currently a fee of £110 payable to the ‘government body’ (the OPG) per LPA for registration.
Our fee for managing the process is £200