A Power of Attorney is a legal document which gives a legal authority to one or more individuals of your choice so that they can deal with your affairs on your behalf.
There are several different types of Powers of Attorney:
There are two sorts of Lasting Power of Attorney:
You can make either one or both types of Lasting Power of Attorney. These documents must be registered with the Office of the Public Guardian before they can be used.
Prices for Lasting Powers of Attorney start from £300 plus VAT. There is also a Court Fee of £82 to register each document.
Before October 2007, Enduring Powers of Attorney were used to appoint specific person(s) to deal with an individual’s finances on their behalf. It is no longer possible to draw up a new Enduring Power of Attorney, but existing ones signed before October 2007 should be valid.
These documents must be registered with the Office of the Public Guardian if the individual who drew up the Enduring Power of Attorney is beginning to lose capacity.
The price for the registration of an Enduring Power of Attorney starts at £350 plus VAT. In addition, there is a Court Fee of £82 for the registration of the document.
A General Power of Attorney is a short document appointing a specific person or persons to deal with either your finances as a whole or a specific asset. A General Power of Attorney usually only lasts for a specific time period and the authority of the attorney ceases if the person who made it loses mental capacity.
The cost for drafting a General Power of Attorney starts from £150 plus VAT.
Please download our Lasting Powers of Attorney PDF for more information.