What Is a Lasting Power of Attorney (LPA)?
A Lasting Power of Attorney (LPA) is a legal document that allows you to appoint someone you trust to make decisions on your behalf if you lose mental capacity due to illness, accident, or old age.
There are two types of LPA:
- Health and Welfare LPA – Covers medical treatment, care, and living arrangements.
- Property and Financial Affairs LPA – Covers managing finances, paying bills, and selling property.
Why Set Up an LPA?
✅ Ensures someone you trust handles your affairs if you become unable to.
✅ Prevents family disputes over decisions about your health or money.
✅ Avoids delays—without an LPA, loved ones may need a court order to act on your behalf.
How to Set Up a Lasting Power of Attorney
- Choose your attorney(s) – This should be a trusted family member, friend, or professional.
- Complete the LPA forms – Available on the UK Government website.
- Get it signed and witnessed – A certificate provider must confirm you understand your decision.
- Register with the Office of the Public Guardian (OPG) – Required before the LPA is legally valid.
How Much Does an LPA Cost?
- £82 per LPA (so £164 for both types).
- Free or reduced fees may apply if you have a low income or receive benefits.
How Fraser Bond Can Help
At Fraser Bond, we guide individuals through the LPA process, ensuring their future decisions are protected. Our team can:
- Help you choose the right type of LPA.
- Assist in completing and registering your LPA correctly.
- Provide advice on property and financial planning with an LPA in place.
Conclusion
A Lasting Power of Attorney is essential for securing your future. It ensures someone you trust can make decisions for you if needed. If you’re ready to set up an LPA or need expert guidance, contact Fraser Bond today!
