Power of attorney costs help

bouicca21

I was quoted £800 for the two, finance and health, about 5 or 6 years ago, so £1,000 is probably about right.  But of course it’s dead easy to diy, which is what I did.

Malthusian

£1,000 sounds pricey to me, but as others have said, she may have just picked a Waitrose solicitor.

Make sure the solicitor sends you and your sister certified copies of the LPOA once it is registered (which should be done as soon as everyone has signed), in case they have lost it by the time it is needed.

daz_75 said:

Hi all
My mum has decided to sort out power of attorney for me and my sister. She has no issues mentally but due to others in the family starting to have issues she thought it would make sense. 

Your mum is right - when you do have mental issues it might be too late. Do you and your sister have your own sorted out?

Cressida100

I was recently quoted £1K to use a solicitor to do the POA's. I decided to do it myself which was pretty straightforward. The only benefit I could see using a solicitor was if there was to be any issues using the POA in the future the solicitors deal with any issues for you free of charge. 

tooldle

Cressida100 said:

I was recently quoted £1K to use a solicitor to do the POA's. I decided to do it myself which was pretty straightforward. The only benefit I could see using a solicitor was if there was to be any issues using the POA in the future the solicitors deal with any issues for you free of charge. 

Plus, the solicitor will give advice specific to your situation. Questions do occasionally arise on here around operation of joint accounts held by spouses when each are the others attorney.