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How much does it cost to make a LPA

How much does it cost to make an LPA?

How much does it cost to make an LPA?

Use Kerseys Online LPA Calculator

You can use our online calculator to review the cost of making an LPA or click Kerseys and click “Call Me Back” and one of our Private Client Solicitors in Ipswich or Private Client Solicitors in Colchester will be happy to contact you at a convenient time to discuss your LPA and options available to you.  You do not necessarily need to leave your home we can arrange meetings at our office, at your home or via online meetings whichever is better for you.

 Why should I make an LPA?

Anyone over the age of 18 can make a Lasting Power of Attorney (“LPA”).    No-one can predict the future and it is therefore of benefit to everyone to ensure your wishes are heard and enables you to decide who can make decisions on your behalf should the need arise.

The benefits of preparing an LPA before it’s too late.

  • You can choose the persons (Attorneys) you wish to make decisions for you.
  • You can place restrictions on what your attorneys can and cannot do and give them guidance on making decisions on your behalf.
  • If you have not made an LPA and you lose mental capacity (perhaps through dementia, a stroke or mental health problems), somebody would have to apply to the Court of Protection to be appointed to manage your affairs and the applicant might not be the person you would choose to manage your affairs.
  • The application to the Court of Protection is both costly and time consuming.  There will also be ongoing annual costs to pay as well.
  • Even if you have not lost mental capacity but are finding it difficult to deal with your financial affairs through physical incapacity, your attorneys under your Property and Financial Affairs LPA will still be able to assist you e.g. writing cheques, going to the bank for you.

There are 2 types of LPA:

  1. a) Property and Financial Affairs LPA – covers decisions about:

  • Buying and selling your property
  • Running your bank accounts
  • Claiming, receiving and using your benefits, pensions and allowances
  1. b) Health & Welfare LPA – covers decisions about:

  • Staying in your own home
  • Moving into residential housing and choosing the most suitable care home for you
  • Giving or refusing consent to particular types of health care including medical treatment decisions

You can also telephone to speak with a member of the Private Client team at Kerseys Solicitors in Ipswich on 01473 213311 or Kerseys Solicitors in Colchester on 01206 584584.

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