For many years Samuel Phillips Law Firm has retained a strong and successful working relationship with...
Samuel Phillips Law Firm's family law department is widely recognised as one of the leading teams of experts in Newcastle.
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by April 12, 2017Published on
In the midst of all the talk about the increase in Probate application fees, the Office of the Public Guardian (‘the OPG’) has decided to go against the grain with the welcome result of reducing fees.
As of 1 April 2017, the OPG is reducing the registration fee for a Lasting Power of Attorney (‘LPA’) from £110 per document to £82 per document and the re-submission fee from £55 per document to £41 per document.
The OPG has seen a continually increasing growth in volume of LPA applications with over two million Attorneys now registered. As a result, the OPG is receiving more income through registration fees than the cost of providing the service. In setting the new fee levels, the OPG will be reviewing the level of fees on an annual basis.
This is welcome news as the benefits of LPAs are often underestimated. The Act provides a statutory framework in England and Wales to allow individuals the opportunity of making provision in advance of potentially becoming incapable of managing his/her financial and health affairs.
Having an LPA in place takes away the worry, strain and uncertainty of your family and/or friends (depending on who you appoint as your Attorneys) not having control in circumstances where you would like them to make decisions about your financial and health affairs. If you do not have an LPA in place and you lose mental capacity, no-one would have the legal authority to deal with your affairs. The only way to obtain the legal authority would be to apply to the Court of Protection to appoint a Deputy. All the stress, delay, inconvenience and expense of the Deputyship regime can be avoided by simply making an LPA.
It is best to have an LPA and not need it, than to need an LPA and not have it.
For more information, please call us on 0191 232 8451.
April 23, 2018
An exciting opportunity has arisen for an experienced commercial property secretary to join Samuel Phillips. Work type: The role will involve a diverse range of client work including landlord and tenant work, agricultural matters, property finance, acquisitions, disposals and large-scale development work. The successful candidate will support a senior associate. Main duties and responsibilities: Opening […]
February 26, 2018
“PLEASE NOTE WE ARE MOVING. From 19 March 2018, Samuel Phillips will be situated at 18-24 Grey Street, Newcastle upon Tyne NE1 6AD. A link as to where to find us is here: https://goo.gl/maps/X7iLgtuoTDt; telephone numbers will remain the same.”