Lasting Power of Attorney - Property & Affairs (LPA-PA) - from £28.95Everybody who makes a Will should also make a Lasting Power of Attorney - Property & Affairs (an 'LPA-PA'), because if you care enough about what happens to your assets after you die, you ought to care even more about keeping them safe whilst you are alive.
A Lasting Power of Attorney - Property & Affairs (an 'LPA-PA') is a document that you sign to appoint somebody to act for you in matters concerning your property and affairs, should you for any reason become unable to manage them yourself. It's a powerful and complex document (25 pages) but don't worry -
we take all the pain out of the process of creating it.
What if I don't have an LPA-PA?If you do not have an LPA-PA, then if for any reason you suddenly become unable to manage your own affairs, e.g.
... then the only way that your financial affairs can
be managed is by an application (by a relative or other person
close to you) to the Court of Protection. This can take up to 10
months and cost up to £1,000 (or even more) to
process - during which time your finances could be seriously
damaged - and the person authorised to handle your affairs on
your behalf is not only unlikely to be who you would have chosen,
but may even be a Court Official - who can (and will) charge
every time he/she acts for you. How much does it cost and how do I make one?The cost of an LPA-PA at tenminutewill.co.uk is £28.95 for a Single LPA-PA, and £39.95 for a pair of LPA-PAs.There is a discount of £10
if you buy a Will and an LPA-PA together
(or if you buy an LPA-PA and an LPA-PW together) and
a discount of £20 if you buy all 3 products together
(Will, LPA-PA and LPA-PW).
Please click
here for full details
of our products and prices.
(c) We then take all of the pain out of the process of drafting the LPA-PA, condensing it into a few simple questions for you to answer and then creating your 25-page LPA-PA document for you based on your answers. (d) When you have completed the drafting of your LPA-PA, you will be offered the option of also drafting an LPA-PW. (Note - you can then choose to actually purchase any or all of the documents you've drafted). Once you've created the LPA-PA, all you have to do is print it out and then you and your Attorneys plus one 'Certificate provider' (two if you have no notified persons) must sign it in the presence of at least 1 witness. We send you full instructions for this process and, just like a Will, you do not need a Solicitor to carry it out. Finally, the LPA-PA cannot be used until is has been registered at the Office of the Public Guardian (the 'OPG'). Registering the LPA-PA is your responsibility (although to help you we make blank registration forms available for download from our
website) and can be done at any time between the LPA-PA being made and the moment that it is
required to be used. Therefore the £120 is not a fee you need to pay straight away - indeed if the LPA-PA is never required to be used then
it need never be paid at all.
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