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  • FIRST POST
    • jnielow
    • By jnielow 5th Dec 18, 8:45 PM
    • 51Posts
    • 5Thanks
    jnielow
    Wills and Power Of Attorney
    • #1
    • 5th Dec 18, 8:45 PM
    Wills and Power Of Attorney 5th Dec 18 at 8:45 PM
    Dear Everyone,


    Have not posted for a while and hope this is posted in the correct section!, also hope everyone is ok.


    My wife and I have basic Wills which were drawn up in 2005. I was speaking to a friend recently who mentioned this subject and put me onto a professional Will/Power of Attorney specialist. I have been thinking recently of updating our Wills and drawing up some Lasting Power of Attorney.


    I wanted to run past you guys the costs I have been quoted for this service:


    1/ 400 to re-write 2 mirror wills.


    2/ 1200 to draw up 4 LPA's for myself and wife.


    3/ 328 for the registration to the Office of Public Guardian.


    So the total being 1928, I asked her for a breakdown of what I would be getting for this. It includes a couple of home visits,drawing up the Wills and Power of Attorneys properly and legally. I have read and know that all this can be drawn up by the individual probably far cheaper. But I have also read that there are pitfulls people fall into ie mistakes made on the LPA's making them invalid and being rejected by the Office of Public Gaurdian.


    I am guessing that what she is charging is probably cheaper than a solicitor, and is more or less competitive with say Co-op services. She also offers a monthly payment plan for the costs and to think of the cost as an insurance policy. I seem to be thinking about this most of the time at present, and should be thinking about things in the here and now.


    What I am asking is has anyone been involved in this?, done it themselves? or employed a specialist?. I am keen to get these important documents drawn up but the expense is a factor. Also wondered what peoples thoughts are also.


    Regards


    Jason
Page 1
    • Browntoa
    • By Browntoa 5th Dec 18, 8:47 PM
    • 34,114 Posts
    • 40,245 Thanks
    Browntoa
    • #2
    • 5th Dec 18, 8:47 PM
    • #2
    • 5th Dec 18, 8:47 PM
    Basic price for each LPA is 82 ...forms easy to fill out , they check the LPA and tell you of any mistakes and what needs changing or correcting.

    What do you think ? Is 1200 a Rip off .... I think so
    Last edited by Browntoa; 06-12-2018 at 7:49 AM.
    I'm the Board Guide of the Referrers ,Telephones, Pensions , Shop Don't drop ,over 50's , Boost your income and Discount Code boards which means I volunteer to help get your forum questions answered and keep the forum runnning smoothly .However, please remember, board guides don't read every post. If you spot an inappropriate or illegal post please report it to forumteam@moneysavingexpert.com Any views are mine and not the official line of MoneySavingExpert.
    • elsien
    • By elsien 5th Dec 18, 8:51 PM
    • 17,847 Posts
    • 45,357 Thanks
    elsien
    • #3
    • 5th Dec 18, 8:51 PM
    • #3
    • 5th Dec 18, 8:51 PM
    It possibly depends in part how much detail you want to put in the LPA. The more you do, potentially the more likely you are to make a mistake or say something that has unintended consequences.

    Just done parents online and because it was basically "these are my preferences but I trust my family to decide" it was very straightforward.

    ETA there's a power of attorney thread on here somewhere which you might find helpful to read. Has lots of people's questions and experiences.
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
    • Browntoa
    • By Browntoa 5th Dec 18, 8:58 PM
    • 34,114 Posts
    • 40,245 Thanks
    Browntoa
    • #4
    • 5th Dec 18, 8:58 PM
    • #4
    • 5th Dec 18, 8:58 PM
    Forums guide to LPA

    https://www.moneysavingexpert.com/family/power-of-attorney/
    I'm the Board Guide of the Referrers ,Telephones, Pensions , Shop Don't drop ,over 50's , Boost your income and Discount Code boards which means I volunteer to help get your forum questions answered and keep the forum runnning smoothly .However, please remember, board guides don't read every post. If you spot an inappropriate or illegal post please report it to forumteam@moneysavingexpert.com Any views are mine and not the official line of MoneySavingExpert.
    • Primrose
    • By Primrose 5th Dec 18, 8:58 PM
    • 8,452 Posts
    • 29,699 Thanks
    Primrose
    • #5
    • 5th Dec 18, 8:58 PM
    • #5
    • 5th Dec 18, 8:58 PM
    Can't comment on the price for the wills because I don,t know how complex your affairs are and whether you need specific advice but if this includes a home visit probably not u reasonable.

    However the price quote for P of As is a rip off. We did the Financial and Health & Welfare ones ourselves recently online for 4 x 82. If you are capable of specifically writing down your wishes you could easily do this yourself, and you can certify copies for free by copying the wording and instructions provided by the Office of Public Guardian when they return the documents to you once they've been registered there.
    Last edited by Primrose; 05-12-2018 at 9:02 PM.
    • Keep pedalling
    • By Keep pedalling 5th Dec 18, 9:01 PM
    • 5,694 Posts
    • 6,493 Thanks
    Keep pedalling
    • #6
    • 5th Dec 18, 9:01 PM
    • #6
    • 5th Dec 18, 9:01 PM
    Unregulated will writers should be avoided. By all means sort the LPAs yourself, but employ a solicitor to do the wills.
    • Savvy_Sue
    • By Savvy_Sue 5th Dec 18, 10:56 PM
    • 39,263 Posts
    • 36,227 Thanks
    Savvy_Sue
    • #7
    • 5th Dec 18, 10:56 PM
    • #7
    • 5th Dec 18, 10:56 PM
    She also offers a monthly payment plan for the costs and to think of the cost as an insurance policy.
    Originally posted by jnielow
    And I wonder what other 'services' she will feel you should take advantage off once you've paid for these - storage of your wills? Not necessary, use the Probate Office's service. Regular review and updating? if the job's done right then review shouldn't need to be that frequent.

    I would phone a couple of local solicitors and ask for quotes. You might not get the home visit - but do you need that? You should get a better service.
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    • Yorkshireman99
    • By Yorkshireman99 6th Dec 18, 6:53 AM
    • 4,802 Posts
    • 4,022 Thanks
    Yorkshireman99
    • #8
    • 6th Dec 18, 6:53 AM
    • #8
    • 6th Dec 18, 6:53 AM
    Dear Everyone,


    Have not posted for a while and hope this is posted in the correct section!, also hope everyone is ok.


    My wife and I have basic Wills which were drawn up in 2005. I was speaking to a friend recently who mentioned this subject and put me onto a professional Will/Power of Attorney specialist. I have been thinking recently of updating our Wills and drawing up some Lasting Power of Attorney.


    I wanted to run past you guys the costs I have been quoted for this service:


    1/ 400 to re-write 2 mirror wills.


    2/ 1200 to draw up 4 LPA's for myself and wife.


    3/ 328 for the registration to the Office of Public Guardian.


    So the total being 1928, I asked her for a breakdown of what I would be getting for this. It includes a couple of home visits,drawing up the Wills and Power of Attorneys properly and legally. I have read and know that all this can be drawn up by the individual probably far cheaper. But I have also read that there are pitfulls people fall into ie mistakes made on the LPA's making them invalid and being rejected by the Office of Public Gaurdian.


    I am guessing that what she is charging is probably cheaper than a solicitor, and is more or less competitive with say Co-op services. She also offers a monthly payment plan for the costs and to think of the cost as an insurance policy. I seem to be thinking about this most of the time at present, and should be thinking about things in the here and now.


    What I am asking is has anyone been involved in this?, done it themselves? or employed a specialist?. I am keen to get these important documents drawn up but the expense is a factor. Also wondered what peoples thoughts are also.


    Regards


    Jason
    Originally posted by jnielow
    A complete and utter rip of. Never, ever, use a will writer. Always do the posts on line and allow the attorneys to act severally. Don’t make a bank or solicitor attorney.
    • newatc
    • By newatc 6th Dec 18, 8:46 AM
    • 314 Posts
    • 362 Thanks
    newatc
    • #9
    • 6th Dec 18, 8:46 AM
    • #9
    • 6th Dec 18, 8:46 AM
    Paid 250 for solicitor mirror wills last year.

    If you have the time, it is perfectly feasible to do your own LPAs (as we have done).

    Don't know if I would go as far as to call your quote a rip-off but definitely not a good deal.
    • pollypenny
    • By pollypenny 6th Dec 18, 8:58 AM
    • 25,387 Posts
    • 66,699 Thanks
    pollypenny
    Yea gods, we've just updated our wills with our local solicitor. They cost just over 200.
    Member #14 of SKI-ers club

    Words, words, they're all we have to go by!.

    (Pity they are mangled by this autocorrect!)
    • TBagpuss
    • By TBagpuss 6th Dec 18, 11:51 AM
    • 6,982 Posts
    • 9,196 Thanks
    TBagpuss
    Unless your affairs are extremely complex, those prices sound ridiculously high, and without even the confidence of knowing that you are using someone who is properly regulated if anything were to go wrong.

    I'd recommend that you speak to a proper solicitor. I very much doubt that their prices will be higher, they may very well be lower.
    • lukewarn
    • By lukewarn 6th Dec 18, 3:19 PM
    • 25 Posts
    • 46 Thanks
    lukewarn
    LPA's are easy to do yourself - lots of advice online.

    Solicitors like LPA's,it's easy money for not much work.

    When my mam was in a care home a few years back,I was asked did I have an LPA in place and I said no.

    Within 10 minutes of me getting back from the care home a solicitor rang to tell me that he would only charge me 600 for each LPA plus application fees.

    When I queried whether application fees were payable as they are exempt for people in receipt of certain benefits he said "are you sure ?"

    I told him,"sounds like I know more about this than you, forget it."

    In the end,I did it all myself and didn't pay a penny.
    • jnielow
    • By jnielow 6th Dec 18, 6:33 PM
    • 51 Posts
    • 5 Thanks
    jnielow
    Hello Everybody, Many thanks for the really helpful replies. I think I just needed some reassurance, I to felt the quote to be a rip-off so to speak.


    Will certainly approach a solicitor re wills and do the LPA's myself.


    Thankyou guys for the great advice!.


    Jason
    • badmemory
    • By badmemory 7th Dec 18, 12:12 AM
    • 2,310 Posts
    • 3,419 Thanks
    badmemory
    From what I saw when doing my own POAs is to avoid the "law of unintended consequences". This can happen when you list too much of what you want to happen. For example, if you say that you want the hospital to involve your attorney in decisions about your treatment it is possible that a GP might see that as you wishing to exclude any GP treatment from that involvement.


    The attorney/s you choose should be someone you trust implicitly & preferably agrees with your thinking. That may sound obvious but read a few threads on here about attorneys who abuse their position!
    • maisie1234
    • By maisie1234 11th Dec 18, 2:47 PM
    • 164 Posts
    • 172 Thanks
    maisie1234
    Can anyone help please. My Father has a POA for a friend to run his financial and health affairs and he wants to add myself and my sister meaning that there will be three of us helping out.


    I have looked on the OPG to query whether I need to cancel the old one and apply for a new one and its not clear. What form do I need to fill in? I don't really want to cancel the existing one because I understand that it takes a number of months to set up a new one and I don't want a gap!
    • Primrose
    • By Primrose 11th Dec 18, 4:05 PM
    • 8,452 Posts
    • 29,699 Thanks
    Primrose
    The existing p of A should not be cancelled but I'm afraid a donor can,t simply add existing ttorneys to an old form. He will have to start the process from scratch again including all three attorneys onto a new document and pay a new fee.
    This can of course be don online on the office of Public Guardian site. I think it is currently taking about 8 weeks for the documents to be processed and registered. Sorry but as far as I'm aware there are no short cuts to the process.

    When you say "He" wants to add myself and my sister as attorneys I'm assuming you're referring to the gentleman whose affairs are being managed? Your father has no right to choose additional attorneys. It is only the donor of the document who can choose who he wants to act as his attorneys.
    • Keep pedalling
    • By Keep pedalling 11th Dec 18, 4:17 PM
    • 5,694 Posts
    • 6,493 Thanks
    Keep pedalling
    If the donor still has the mental capacity to do so they will have to apply for a new one, but the existing one does not fail until the new one is registered.

    If he does not have capacity then a new one cannot be applied for.
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