Family and relationships question:
how do i go about setting up a power of attorney and what aer the costs
Responses:
Paul Outhwaite's response
It does depend upon the type of power of attorney that you need.
There are three types.
The first is a general power which gives your attorney rights to do anything on your behalf. They can be limited to a certain circumstance, such as signing a document, or can be wide so that the attorney steps into your shoes.
The second type is a Trustee Act power of attorney. This is usually used when property is owned jointly.
The third type is a Lasting power of attorney. This type of power is used if you want someone to act of your behalf if you are incapable of dealing with your own affairs. This type of power needs to be lodged with the Court to validate it.
As for costings it does depend upon which type of power you need. For a simple power of attorney my firm charges £50 plus VAT (a total of £60).
I hope that this is of some assistance.
Do you have a response to add to this question? Login to post a response.