Could You Save Money When You Make Your Lasting Power of Attorney?
A Lasting Power of Attorney (LPA) is an important legal document that enables you to nominate a person or people to support you to make decisions, or to make decisions on your behalf if you ever lose capacity to do so yourself.
While making an LPA may seem like a daunting expense, there are ways to manage costs effectively, and in some cases, you might not need to pay anything at all.
Here’s everything you need to know about the costs associated with an LPA and how you can save money.
What are the Costs Involved in Making a Lasting Power of Attorney?
When making an LPA, there are two main costs to consider:
The cost of creating the document.
The cost of registering the document.
1. Making the Document
The cost of making a Lasting Power of Attorney will depend on whether you fill in the forms yourself, use an LPA Consultant or a solicitor. There are no costs to filling in the forms yourself; LPA Consultants and solicitors will have their own fees and you are advised to contact companies for current prices.
Once the forms have been filled in according to your wishes and accurately signed and dated, they are ready to be sent to the Office of The Public Guardian (OPG) for checking and registration.
2. Registering the Document
Each Lasting Power of Attorney must be registered with the Office of the Public Guardian before it can be used, this will cost £82.00.
The standard registration fee for each LPA is £82.00.
If you are creating both types of LPA—one for property and financial affairs, and another for health and welfare—the total cost would be £164.00.
Can You Reduce Registration Costs?
Yes! Many people are unaware that the OPG offers discounted fees depending on your financial situation. I ensure that each LPA client I work with understands the remissions and exemptions available and am proud to include support for reduced fees in the service I deliver.
Here’s a summary of current LPA registration fees, remission and exemptions:
Lasting Power of Attorney registration costs
How to Claim Remission or Exemption
If you qualify for reduced or waived fees, you’ll need to provide evidence of your income or benefits to the OPG. This process requires:
Form LPA120: Complete the LPA120 form (Application for remission or exemption) to accompany your LPA application*.
Supporting Documentation: Include proof of income, benefits, or other qualifying criteria. Examples include benefit letters or pension statements.
Submission to the OPG: Send your LPA120 form, evidence, and completed LPA forms to the OPG.
You can download the LPA120 form directly from the UK Government website.
*Completing the LPA120 is included in my costs when I work with clients.
To find out more about my Lasting Power of Attorney service contact me
If the blog has helped you or provided information and you would like to support my ongoing work, head to Buy me a coffee – thank you!