Reduced cost for Power of Attorney Birmingham
“I would like to send my thanks for your help and support following the sudden death of one of my siblings your Law firm helped to guide me through the legal formalities, which you did.”
“Just a quick thank you for being so helpful and accommodating for my parents in Birmingham.”
“My Mother told me she is now greatly relieved that her affairs are at last in order. Thank you for your help.”
“Our whole family would like to take this opportunity to thank you for all your help steering us through the process of finalising mum’s estate. Finding a local law firm in Birmingham who have been diligent and patient has been an absolute pleasure”.
Do you want to know how to get reduced cost for power of attorney? If so, then you are probably involved in a legal issue regarding UK executry law. Perhaps you need an administrator for your properties and/or finances while you are away on vacation. Another reason that you may be looking to get reduced cost for power of attorney is that you have parents or children who are currently legally incapacitated and you need someone to be able to do things with legal effect such as move funds around and/or transact business in their favor. This is when you might want to look into creating a power of attorney so that you can appoint a particular individual to act in their behalf. In fact, you may even need it yourself if you need to act for the sake of your parents.
How Does A Power Of Attorney Work?
If you have asked this question in your mind, then good for you. Before we get to the part about how you can get reduced cost for power of attorney, you should first understand just what exactly a power of attorney is in the first place. Under UK executry law, a power of attorney basically allows you to act for another person with legal and binding effect. This means that any decisions you make will be legally viewed as if it had been done by the person you are representing. Therefore, to put it in simple terms, a power of attorney provides you with the power to act as someone’s legal representative.
There are actually two main types of lasting power of attorney. The first type covers health and welfare. This is usually created for elderly individuals or people with special healthcare needs. The second type covers property and finance and may be made for anyone and is effective in their absence.
Reduced cost for power of attorney – How Much Should I Expect To Pay?
If you want to hire a solicitor to draft a lasting power of attorney and to process everything else for you, then you should expect to pay anywhere between $100 to $500 or perhaps even a little bit more. Some solicitors may charge up to $1000 to process the entire LPA including registration.
In order for the lasting power of attorney to have any legal effect, it must first be registered with the Office of the Public Guardian. Without registration, then your appointed attorney cannot act upon the LPA.
One way to reduced cost for power of attorney is to ensure that it is correct and valid from the very beginning. This will help you to avoid having to pay the fees again for re-filing.
You can also get a more reduced cost for power of attorney if you bundle up your legal questions with your solicitor. If you intend to hire a professional in order to help you out, then be exhaustive and ask any other related legal questions you might have at the start.
You may also attempt to register your LPA without a solicitor but this is very ill-advised. It can be done, but you should know that 75% of LPAs are done with the help of a lawyer.
Specialist Executry Lawyers, we can help with Living Trust, Will Writing, Wills and Probate, Power of Attorney, Guardianship Orders, Tax Inheritance or Estate Planning
We cover the whole of Birmingham including; Birmingham, Birmingham City Centre, Wolverhampton, West Bromwich, Solihull, Sutton Coldfield, Walsall, Coventry, Kidderminster, Stourbridge, Dudley, Redditch, Tamworth, Cannock, Telford, Nuneaton, Worcester, Leicester