Death and Taxes Part 3

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    You can write the LPA in such a way as to take immediate effect your attorney(s)

    can immediately start to make decisions on your behalf even though you are still

    capable of making those decisions or you can write it so that no-one can make

    decisions on your behalf until you are mentally incapable of making that decision at

    that time. You do this by adding a restriction in the box provided.

    Safeguards

    Some responsible person must provide a certificate to say that you know what you are

    doing when you sign the application form.

    You put a list of people to be told on the application form. These people have to be

    told when someone applies to register the LPA and they can object.

    Six weeks of the 13 week delay mentioned earlier is to give people to be told time to

    object.

    Who is a person who lacks capacity?

    Whenever the term a person who lacks capacity is used, it means a person

    who lacks capacity to make a particular decision or take a particular action for

    themselves at the time the decision or action needs to be taken.

    Registration

    Once the application is made then it has to be registered either immediately by you or

    later by the attorney(s) when you become mentally incapable. If you do wait whoever

    is registering the LPA will have to pay the fees and there will be another delay. The

    main advantage of immediate registration is to ensure that there are no mistakes to

    pop up and haunt your attorney(s) in years to come.

    Registration doesnt set things in stone. You can cancel a lasting power of attorney at

    any time before or after it is registered as long as you have mental capacity to cancel

    it.

    The Fees have to be paid on registration that is 120 for each LPA. Remember there

    are two types, one for money and property decisions and one for health and caredecisions. So the government gets two fees if you do one of each. The health and care

    fee can be avoided see Parts 4 & 5 of this article.

    You get a discount on the fees if your annual income is low.

    Income Discount

    12,000 or less 100% - No fee to pay

    12,001 and 13,500 75 per cent

    13,501 and 15,000 50 per cent

    15,001 to 16,500 25 per cent

    16,501 or more 0% - Pay entire fee

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    How do I go about it?

    The easiest way to make a Lasting Power of Attorney is to pop along to a local

    solicitor and get him to help you to do it. You should expect to pay anything between

    150 and 1000 depending on the solicitor. Of course you can shop around. The localbranch of Age UK (used to be Age Concern) Ash House Cook Way, Taunton TA2

    6BJ 0845 643 4621 may well be able to give you some pointers. Dont be shy about

    asking solicitors what they will charge you!

    If you are confident with a keyboard there are a couple of companies who will do an

    LPA on line. They are not necessarily solicitors but usually will writers. You can find

    them by typing Lasting Power of attorney online into Google.

    One such firm quotes

    Single Lasting Power of Attorney - Property & Financial Affairs' - 34.95

    Pair of Lasting Powers of Attorney - Property & Financial Affairs' - 54.95Single Lasting Power of Attorney - Health & Welfare' - 34.95

    Pair of Lasting Powers of Attorney - Health & Welfare' - 54.95

    Government fees of course are extra and there may be further extras. I just dont

    know.

    Or you can do it yourself. by going to the Directgov website

    http://www.direct.gov.uk/en/index.htm

    and putting attorney in the search box and then selecting Making and registering a

    Lasting Power of Attorney.

    The address for this page is

    http://www.direct.gov.uk/en/Governmentcitizensandrights/Mentalcapacityandthelaw/

    Mentalcapacityandplanningahead/DG_186373

    You can download the forms and the guidance notes and fill in the forms in your own

    time. When registering you post the forms to

    Office of the Public Guardian:

    PO Box 15118

    BirminghamB16 6GX

    Philip Boyd

    Stockland Bristol

    First Published in

    The Stockland Gatepost

    Published Monthly

    Publisher: Ray Johnstone-Smith (01278) 652830

    http://www.direct.gov.uk/en/Governmentcitizensandrights/Mentalcapacityandthelaw/Mentalcapacityandplanningahead/DG_186373http://www.direct.gov.uk/en/Governmentcitizensandrights/Mentalcapacityandthelaw/Mentalcapacityandplanningahead/DG_186373http://www.direct.gov.uk/en/Governmentcitizensandrights/Mentalcapacityandthelaw/Mentalcapacityandplanningahead/DG_186373http://www.direct.gov.uk/en/Governmentcitizensandrights/Mentalcapacityandthelaw/Mentalcapacityandplanningahead/DG_186373
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    Editor: Jon Smailes (01278) 652210

    Treasurer: Geoff Taylor (01278) 653282

    Advertising: Geoff Taylor (01278) 653282

    Printing: C/O Jon Smailes (01278) 652210

    Delivery: Gill Trelfa (Stockland)

    Robin Prowse (Steart)

    All material for publication should be sent to:

    The Editor, Sunny Lawn, Stockland Bristol,

    Bridgwater, TA5 2PY or, preferably, e-mailed to

    [email protected]