How to Make a Lasting Power of Attorney
Unlike the old EPA, which was a
simple 4 page document, the new lasting power of attorney is much more complicated including two separate
sections and comprising around 28 pages.
As a result many solicitors are charging very high prices for LPAs with reports that some are charging upwards
of £1000.
Despite the fact that the new document is more complicated and certainly much longer it should not put you off.
It is still just as essential to make a lasting power of attorney!
It does not need to be expensive!
There are several ways you can make a lasting power and these are outlined below:-
- Use a solicitor. This can be very expensive and in the vast majority of cases is no
necessary. You only need to use a solicitor if your affairs are very complicated.
- Make an LPA Online - Recommended. This is probably the easiest and quickest way to make an
LPA. Online services will be suitable for 95% of people unless your affairs are very complicated. A decent
online provider will have simple to use software and generally charge around £30. For more information see our
LPA Online page or our Resources
Page.
- Use the service of a qualified will-writer. This is a decent option for the middle price
range. It will be cheaper than using a solicitor but more expensive than the online or DIY route.
- Use a DIY form. This is (probably) the cheapest way but one you should really avoid. DIY LPA forms cost
around £10 - £12 but it is very easy to make a mistake so you are far better off paying a little extra for an
online version. For further information see our DIY LPA page or our Resources
page.
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