Fees cut for registering a power of attorney

clock

The cost of registering a lasting power of attorney (LPA) has been reduced from £130 to £110, the government has announced.

The new fees will come into force from 1 October 2013 and will apply for registering both LPAs and the older enduring powers of attorney (EPA). LPAs and EPAs are legal documents which allow the applicant to appoint someone they know and trust to make decisions about their health and welfare or financial affairs if they were to lose capacity in the future. Justice Minister Helen Grant said: "It is really important that people consider making a lasting power of attorney - it means that as they get older, or if they have issues with their health, they have the peace of mind from knowing ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

Demand for IHT mitigation increases as more fall into threshold

Demand for IHT mitigation increases as more fall into threshold

‘Asset prices and nil rate band freezes are creating a perfect storm’

Isabel Baxter
clock 03 April 2024 • 1 min read
Upcoming CGT changes prompting UK investors to create wealth plans

Upcoming CGT changes prompting UK investors to create wealth plans

More than half want to secure their current and future investment gains

Isabel Baxter
clock 02 April 2024 • 2 min read
Majority of advisers think NI cut will not boost pensions savings

Majority of advisers think NI cut will not boost pensions savings

Only one in ten think people will put the extra cash into pensions savings

Isabel Baxter
clock 11 March 2024 • 1 min read