Power of Attorney Lawyers Redhill, Croydon & Across London
Mental capacity refers to a person's ability to make decisions for themselves. In order to set up a power of attorney, you must have the mental capacity to understand the nature and effect of the document.
Types of Powers of Attorney
There are different types of power of attorney, including:
● General power of attorney: This type of power of attorney gives the person you appoint (your attorney) the authority to handle a wide range of matters on your behalf.
● Lasting power of attorney (LPA): An LPA is a more specific type of power of attorney that allows your attorney to make decisions about your property, financial affairs, and/or health and welfare if you are no longer able to make those decisions for yourself.
Types of Lasting Powers of Attorney
There are two types of LPA:
1. Property and financial affairs LPA: This type of LPA allows your attorney to make decisions about your property and financial affairs, such as paying bills and managing your bank accounts.
2. Health and welfare LPA: This type of LPA allows your attorney to make decisions about your healthcare and personal welfare, such as where you live and what medical treatment you receive.
To set up a power of attorney, you must complete a power of attorney form and have it witnessed and signed by a solicitor or other suitable person. You will also need to appoint someone to be your attorney, who must be over 18 and have the mental capacity to make decisions for themselves.
The cost of setting up a lasting power of attorney will depend on various factors, including the complexity of your affairs and whether you choose to use a solicitor.
We recommend you use our services to set up a power of attorney. We can provide expert advice and ensure that the document is properly completed and witnessed.
I just want to say what a wonderful job you have done not only today but throughout the whole time I have known you. I don't know where I would be without your help. My family are so grateful I have you representing me.
Hi Lucinda - I wanted to thank you for your support during my case. You put my mind at rest and made the whole process not only painless but also stress free, so thank-you.
Our Lasting Power of Attorney Fees
● £275.00 + VAT for each of the Financial or Health Lasting Powers
● £395.00 + VAT for both the Financial and Health Lasting Powers
● £695.00 + VAT for couples requiring one or both Lasting PowersTo make changes to your power of attorney, you will need to complete a new power of attorney form and have it witnessed and signed in the same way as the original document. If you have lost mental capacity, it will not be possible to change your power of attorney.
● £275.00 + VAT for each of the Financial or Health Lasting Powers
● £395.00 + VAT for both the Financial and Health Lasting Powers
● £695.00 + VAT for couples requiring one or both Lasting Powers
To make changes to your power of attorney, you will need to complete a new power of attorney form and have it witnessed and signed in the same way as the original document. If you have lost mental capacity, it will not be possible to change your power of attorney.