Quizzes & Puzzles47 mins ago
Power Of Attorney
19 Answers
Hi all
I want to set up a power of attorney for my elderly parents. My question is, can I set one up for them as a couple, or do I have to do one separately for each of them? I have done this before, but just for my aunt on her own. It would save me a lot of time and money if I could do it for them as a couple.
I want to set up a power of attorney for my elderly parents. My question is, can I set one up for them as a couple, or do I have to do one separately for each of them? I have done this before, but just for my aunt on her own. It would save me a lot of time and money if I could do it for them as a couple.
Answers
You will need a DPOA for each individual.
13:49 Mon 19th Oct 2020
My wife and I did POAs ourselves - it's easy. Just try it. It costs nothing and you can give up if you feel it's too much for you. Just download the form and work your way through it, stopping and saving whenever you like; you can take days over it. You don't pay any money until you send it off so it's completely FREE to try yourself.
How much does a Power of Attorney cost?
There's a compulsory cost of £82 to register a Power of Attorney (in England and Wales – it's £81 in Scotland, £151 in Northern Ireland). If you earn less than £12,000/year though, you can provide evidence to have a reduced fee of £41. Those on certain benefits are exempt from fees.
It's £82 each for the property and finance LPA and the health and welfare LPA, so if you get both, that's £164.
Can I suggest you read what the Moneysavingexpert has to say about them:
https:/ /www.mo neysavi ngexper t.com/f amily/p ower-of -attorn ey/
There's a compulsory cost of £82 to register a Power of Attorney (in England and Wales – it's £81 in Scotland, £151 in Northern Ireland). If you earn less than £12,000/year though, you can provide evidence to have a reduced fee of £41. Those on certain benefits are exempt from fees.
It's £82 each for the property and finance LPA and the health and welfare LPA, so if you get both, that's £164.
Can I suggest you read what the Moneysavingexpert has to say about them:
https:/
Very straightforward to DIY. https:/ /www.go v.uk/po wer-of- attorne y
Thanks everyone for your answers. I have done it myself for my aunt a few years ago, so I know that that is possible, and basically quite straightforward to do it yourself, I fully intend to do it myself this time, but I still think the cost to register it is a bit expensive, (hardly peanuts!), so I would have preferred to do one for my folks as a couple, but I suspected that would not be possible. Bednobs, whilst of course in principal you are correct, in reality I will be doing all the form filling and getting the documents registered, my parents will just be signing their consent. for anyone planning to do it in the near future, I will warn you, when I set one up for my aunt it took 13 weeks for the "Office of the public guardian" to process the paperwork and send it back to me, so dont hang about if you want it soonish!
in my opinion, if you are worried about costs, the by far sensiblest thing to do is to complete the forms but not register them. Firstly they may never be needed. Secondly when it comes to property and affairs, most organisations will wait for payments of things if you explain the delay to them (while you wait circa 3 months to get it registered) Thirdly, for the health and welfare one, you already have the person's wishes written down. Docotrs will not offer a POA anything t hey would not have offered the person themselves, and even with a POA, you can't insist treatment is carried out