top of page
Search
  • shericehobbs

What happens if you don't have a Lasting Power of Attorney in place?

If you no longer have mental capacity and have not signed and registered an LPA, then it would be necessary for your family to apply to the Court of Protection for a deputy to be appointed to deal with your financial affairs. 

Before you become a deputy: The application fee for a deputyship order is £371. If you are applying to become both types of deputy, you must pay double the amount. If the court decides a hearing is needed, you must pay another £494 per person applying for deputyship. There are also ongoing yearly fees that now fall to the hardship of your family to cover.


Setting up your LPA now saves money and stress for the future and secures the attorneys of your choice, not one appointed by the courts to whom you cannot communicate and express your wants and wishes.

1 view0 comments

Recent Posts

See All

The Society of Will Writers

Why should I use a Society member? Members continue to train on a yearly basis doing a minimum of 24 hours All of our members hold professional indemnity insurance with a minimal level cover of £2 mil

Inheritance Tax Allowances

Inheritance Tax (IHT) is a tax on the estate of someone who has died, including all property, possessions and money. The standard Inheritance Tax rate is 40%. It’s only charged on the part of your est

What happens if you die without a will?

Who is the next of kin when someone dies without a will, and who will inherit your estate? Did you know that Parents, brothers and sisters and nieces and nephews of the intestate person may inherit un

Commentaires


  • Lasting Wishes on Facebook
  • Lasting Wishes on LinkedIn
bottom of page