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May 22, 2024How Much does a Solicitor Charge for Power of Attorney
How much does a solicitor charge for power of attorney? When it comes to setting up a lasting power of attorney (LPA), many people turn to a solicitor for assistance. The cost of creating an LPA can vary depending on the type of LPA you choose, such as health and welfare or property and financial affairs. Some solicitors may offer a fixed fee for their services, while others may charge by the hour. Additionally, VAT may also be added to the final bill. However, having a solicitor guide you through the process can provide peace of mind that the legal document is done correctly and in accordance with england and wales law.
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It is important to note that the lasting power of attorney cost is not only for creating the document but also for registering it with the Office of the Public Guardian (OPG). The OPG oversees LPAs and ensures that appointed attorneys are acting in the best interest of the individual who has appointed them to make decisions on their behalf. If you ever become unable to make decisions for yourself, having a registered LPA in place can help avoid the need for costly legal services through the court of protection.