Are you entitled to an LPA Refund?
Read on to find out
If you registered a Lasting Power of Attorney between 1 April 2013 and 31 March 2017, then you are entitled to claim a refund for part of the registration fees paid.
Siôn Hudson, partner at Miller Sands and specialising in Lasting Powers of Attorney, says that the Office of the Public Guardian which is responsible for the registration of Lasting Powers of Attorney is not allowed by law to make a profit. Their calculations have indicated therefore that they made too much money from fees received during that four-year period, and must repay the excess money.
The refund due depends on when exactly your Lasting Power of Attorney was registered, but the amount ranges from £34 to £54. Claiming the refund is an easy process: the person who made the Lasting Power of Attorney should complete an online form at https://www.gov.uk/power-of-attorney-refund, and the money will be paid straight into their bank account, with interest on top.
A Lasting Power of Attorney enables your nominated family members or friends to look after your money and other assets if you are not able to do so, and also to make decisions about your health and care needs if you are not able to do so – always acting in your best interests. As the population is ageing and more and more people suffer from dementia and similar conditions, having Lasting Powers of Attorney in place mean that your family can quickly and easily sort out your care needs and make arrangements to pay for those needs without delay.
If you have not yet made a Lasting Power of Attorney, then there has never been a better time to do it as the registration fee is at its lowest level for 10 years.
Miller Sands are also running a special promotion through February where if you make a donation to Arthur Rank Hospice Charity or to Maggies Cancer Centre, then they will reduce their costs for drawing up a Lasting Power of Attorney by 25%.
For more details on this offer click the link below: