Wills Jacobsen

Wills Probate & Trusts Solicitors Huntingdon


01487 808000

Wills Jacobsen Legal
  • Home
  • Services
    • Wills
      • Making a Will
      • Why you should make a will
      • Wills pricelist
    • Powers of Attorney
      • Assigning an LPA
      • Why shoud you assign an LPA
      • LPAs pricelist
    • Probate & the Administration of Estates
      • Your obligations as a personal representative
      • Terms & Conditions
      • Probate Assist Scheme
        • Terms & Conditions
        • Probate Assist Questionnaire
        • Client care information
      • Probate Costs Transparency
        • Probate Assist Scheme
        • Fixed Fee Probate
        • Full Administration Service
    • Trusts
      • Lifetime Trusts
      • Property Trusts
      • Property Trust Questionnaire
    • Inheritance Tax
      • IHT Exemptions
      • Main Residence Relief
    • Capacity Issues
    • Asset & Wealth Protection
      • Powers of Attorney
      • Property Protection Trusts
      • Spousal Bypass Trusts
      • Family Trusts
      • Trusts for Children
      • Wills
  • About
  • News
  • FAQ
  • Testimonials
  • Contact

Powers of Attorney

Plan for the future / Make your wishes known / Decide about life sustaining treatment / Allow loved ones to manage your finances

There are several types of Power of Attorney but the most commonly used at the present time are Lasting Powers of Attorney (LPA’s). An LPA gives another individual, such as a family member, (the Attorney) the legal authority to look after specific aspects of your financial affairs or health and welfare should you lose the capacity to do so. It’s not just for the elderly; younger people may become incapacitated through accident or illness.

Download LPA Questionnaire

Download & print our LPA Questionnaire - return it to us and we'll call you to make an appointment.

Why assign an LPA

Read about why LPAs are so important for you and your family.

Our LPAs pricelist

See and compare our prices for LPAs

Assigning an LPA

Common reasons you would need help to manage your affairs by LPA are when you become unwell or become forgetful. Or perhaps you find dealing with your finances too cumbersome or have suffered an accident or illness which prevents you from dealing with your affairs.

If you are in business, have significant wealth, or you are a couple where most of th assets are held in one name only, it is crucial that you consider making a Lasting Power of Attorney.

We can:

  • advise you whether you should complete a Lasting Power of Attorney to set up attorneys to deal with your affairs in various circumstances
  • advise you whether it is appropriate for you to appoint a family member or other as your Attorney
  • advise you whether to give a Property & Financial Affairs Lasting Power of Attorney or Health & Welfare Lasting Power of Attorney or whether you should give both
  • advise you on the effect of restricting what your attorney can do for you
  • fully complete for you all required forms for your signature
  • send your LPA to the Office of the Public Guardian (OPG) court for registration. The OPG offer certain exemptions or remissions on the registration fees payable when registering an LPA. We can assess your circumstances and apply any exemptions or remissions that apply to you.

We also have significant experience in the registration of Enduring Powers of Attorney, the creation of General Powers of Attorney and applications to Court for a Deputy to be appointed when a person is deemed to have lost capacity and does not have a Power of Attorney in place.

Why should you assign an LPA?

We all know that we should write a will, but too few of us know we should also consider a Lasting Power of Attorney. Over the next 60 years the average life expectancy will be 100 years. It is important to make plans for your old age, and choose someone to look after your affairs if you become unable to do so through mental or physical ill health.

By 2025, more than 1 million people in the UK will have dementia, according to the Alzheimer’s Society. One in five people over 85 already suffers from it, with rates significantly higher among women than men. Handling your financial affairs becomes virtually impossible – which is why charities who care for the elderly recommend everyone plans ahead to ease the potential burden on their relatives.

It is important to make a Lasting Power of Attorney in good time. It can be too late to make one if a person has lost “capacity”. The NHS estimates that about 2,000,000 people in UK have lost “capacity” due to dementia, mental health difficulties, brain injuries or other illnesses even in the prime of life. Providing you have “capacity” we will be able to help and advise you regarding making the correct Lasting Power of Attorney to meet your needs.

If you do not have a Lasting Power of Attorney in place and later become mentally incapacitated, relatives may face long delays and expense in applying to the court of protection to get access and take control of your assets and finances.

What happens if you lose capacity and have no Lasting Power of Attorney?

  • Sole and joint accounts may be frozen
  • No bills are payable from frozen accounts
  • There can be problems dealing with selling property
  • Decisions on health matters can’t be made by your family
  • It can take 5-8 months or longer for someone to get legal authority to manage your affairs.

You can make a Health & Welfare Lasting Power of Attorney, a Property & Financial Affairs Lasting Power of Attorney, or both, to ensure you and your family are protected should you need assistance managing your affairs if you lose capacity in the future. Wills Jacobsen can give you the right advice in order that you can make an informed decision as to the most appropriate course of action for you.

Legal fees are very reasonable and start from £312 inc VAT for a single Lasting Power of Attorney.

Lasting Power of Attorney Charges

1st January 2020 to 30th June 2020

LASTING POWERS OF ATTORNEY - where no formal capacity assessment required

LPA Health & Welfare or LPA Property & Financial Affairs

Preparation & registration

£318 for 1 inclusive of VAT
01487 808000

Preparation & registration

£486 for 2 inclusive of VAT
01487 808000

Preparation & registration

£726 for 4 inclusive of VAT
01487 808000

Registration only

£186 for 1 inclusive of VAT
01487 808000

Registration only

£366 for 2 inclusive of VAT
01487 808000

Registration only

£486 for 4 inclusive of VAT
01487 808000

A court fee of £82 per Lasting Power is payable to the Court to register each LastingPower, in addition to the legal fees quoted above.

We will provide you with a total of two free certified copies of your registered Lasting Power of Attorney on completion of registration, if you are signed up to the firm’s storage plan, (see below). If you are not signed up to the firm’s storage plan, or you require more than two certified copies, we can provide them at a cost of £12 inclusive of VAT, per copy made.

LASTING POWERS OF ATTORNEY – where a formal capacity* assessment is required or more than two home visits are required

LPA Health & Welfare or LPA Property & Financial Affairs

Preparation & registration

£456 for 1 inclusive of VAT
01487 808000

Preparation & registration

£672 for 2 inclusive of VAT
01487 808000

Preparation & registration

£966 for 4 inclusive of VAT
01487 808000

A court fee of £82 per Lasting Power is payable to the Court to register each Power, in addition to the legal fees quoted above.

We will provide you with a total of two free certified copies of your registered Lasting Power of Attorney on completion of registration, if you are signed up to the firm’s storage plan, (see below). If you are not signed up to the firm’s storage plan, or you require more than two certified copies, we can provide them at a cost of £12 inclusive of VAT, per copy made.

Please add the following mandatory charges to the above fees

Anti Money Laundering Identity Checks

Per individual

£5 inclusive of VAT
01487 808000

per Company

£10 inclusive of VAT
01487 808000

Optional charges which may apply

Home Visits within 10 miles of the firm's office

Free for up to 2 visits
01487 808000

Home visits outside 10 miles of the firm's office

0.45p per mile travelled to and from meeting
01487 808000

Storage of Will and/or LPA - per client

£12 inclusive of VAT
  • (Storage must be paid by direct debit in advance annually on completion of your documents)
01487 808000

When your charges may be higher

Anything over and above what is deemed as straightforward and normal for your case is charged extra at an hourly rate of £205 plus VAT. Circumstances that may cause your case to be deemed outside of normal and straightforward are shown below. The list is not exhaustive:-

  • You require more than two 45 minute meetings about your case
  • You require more than 2 home visits
  • You include lots of beneficiaries, or make lots of different gifts
  • You require multiple copies of your Will(s) and/or Codicil(s)
  • It is necessary for us to speak to other legal advisors acting for you
  • It is necessary for us to instruct a doctor or other specialist to assess your capacity to make your Will(s) and/or Codicil(s)
  • You require us to expedite your documents as you deem your case to be urgent
  • You require an out of hours appointment

* A formal capacity assessment means a written assessment undertaken by a legaladvisor of this firm, in the course of dealing with your case, such assessmentbeing in accordance with the Mental Capacity Act 2005 criteria for the two stage(function and time specific) test.

Wills Jacobsen are authorised and regulated by CILEx Regulation for Probate: Authorisation Number 2164535. Read the CILEx Code of Conduct.

Wills Jacobsen is the trading name for Wills Jacobsen Legal Ltd

Company number: 09511808

 

  • Facebook
  • LinkedIn
  • Twitter

Registered office:1 Broughton Business Centre, Causeway Road, Broughton, Huntingdon, PE28 3AR

  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Complaints and Redress

· website built by Silver Websites · All Rights Reserved ·


Back to Top

We use cookies to make our site work. OK Cookie settings Cookie Policy
Privacy & Cookies

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT