Power of Attorney
By establishing a Lasting Power of Attorney individuals can choose who looks after them if they are unable to make their own decisions. They can be set up when an individual is well and can either start immediately or take effect as capacity fails. There are 2 types :
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Financial. This allows the Attorney to look after investments, bank accounts, maintenance or sale of property etc. The attorney(s) can be a close family member, trusted friend or a professional person. More than one attorney can be appointed. I act as Power of Attorney for some clients for financial matters.
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Health and Welfare. This allows the Attorney(s) to make health related decisions on the individual’s behalf and will either be a close family member or trusted friend. Huw is able to discuss Powers of Attorney with individuals and families and can administer the submitting of applications for Health and Financial Powers of Attorney.
For a single person, the fee for applications for Health and Financial Power of Attorney is £400 - £500, along with the application fees of £82 for each Power of Attorney.
For a married couple, the fee for applications for Health and Financial power attorneys for both is £700 - £850, along with the application fees of £82 for each Power of Attorney.